West Virginia SB907 regulates pharmacy benefit managers and state pharmacy purchasing, including annual dispensing fee studies, limits on charges.

West Virginia SB907 amends the state's code to regulate pharmacy benefit managers and state pharmacy purchasing. It mandates an annual study of the cost to dispense outpatient prescription drugs, limits the amounts charged by pharmacy benefit managers, and prohibits certain contracts with West Virginia Medicaid and the West Virginia Public Employees Insurance Agency. The bill also requires the implementation of a pharmacy cost containment tool.

West Virginia SB907 regulates pharmacy benefit managers and state pharmacy purchasing, including annual dispensing fee studies, limits on charges.

West Virginia SB907 amends the state's code to regulate pharmacy benefit managers and state pharmacy purchasing. It mandates an annual study of the cost to dispense outpatient prescription drugs, limits the amounts charged by pharmacy benefit managers, and prohibits certain contracts with West Virginia Medicaid and the West Virginia Public Employees Insurance Agency. The bill also requires the implementation of a pharmacy cost containment tool.