Oklahoma Rebate Pass-Through and Pharmacy Benefits Manager Meaningful Transparency Act of 2025 clarifies transparency and rebate pass-through.
The Oklahoma Rebate Pass-Through and Pharmacy Benefits Manager Meaningful Transparency Act of 2025 mandates that pharmacy benefits managers (PBMs) pass through at least 85% of rebates to health insurers or self-funded employers. It prohibits PBMs from engaging in spread pricing, charging pharmacies fees for network participation, or penalizing pharmacies for disclosing cost differences. PBMs must disclose rebate information to insurers and self-funded employers.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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