Rhode Island H8360 classifies specific actions by pharmacy benefits managers as deceptive or unfair trade practices.

Rhode Island H8360 amends the state's deceptive trade practices law to include certain actions by pharmacy benefits managers as unfair practices. These include engaging in spread pricing, patient steering, and repackaging drugs for higher prices. The bill also prohibits penalizing enrollees for using specific pharmacies and requires pharmacy benefits managers to honor step therapy documentation. Violations of these provisions are considered unfair trade practices. The act takes effect upon passage.

Rhode Island H8360 classifies specific actions by pharmacy benefits managers as deceptive or unfair trade practices.

Rhode Island H8360 amends the state's deceptive trade practices law to include certain actions by pharmacy benefits managers as unfair practices. These include engaging in spread pricing, patient steering, and repackaging drugs for higher prices. The bill also prohibits penalizing enrollees for using specific pharmacies and requires pharmacy benefits managers to honor step therapy documentation. Violations of these provisions are considered unfair trade practices. The act takes effect upon passage.