Rhode Island S3260 classifies specific actions by pharmacy benefits managers as deceptive or unfair trade practices.

Rhode Island S3260 amends the state's deceptive trade practices law to include certain actions by pharmacy benefits managers as unfair and deceptive. These actions include imposing early refill restrictions, requiring pharmacists to purchase drugs from specific wholesalers, failing to honor maximum allowable cost requirements, exploiting prescription drug information for monetary gain, and engaging in patient steering. The bill also prohibits pharmacy benefits managers from operating without proper registration or licensure.

Rhode Island S3260 classifies specific actions by pharmacy benefits managers as deceptive or unfair trade practices.

Rhode Island S3260 amends the state's deceptive trade practices law to include certain actions by pharmacy benefits managers as unfair and deceptive. These actions include imposing early refill restrictions, requiring pharmacists to purchase drugs from specific wholesalers, failing to honor maximum allowable cost requirements, exploiting prescription drug information for monetary gain, and engaging in patient steering. The bill also prohibits pharmacy benefits managers from operating without proper registration or licensure.