Pharmacy Payment Fairness Act
Official: Pharmacists Fight Back in Medicare and Medicaid Act
This bill sets new rules for how pharmacies are paid for prescription drugs under Medicare and Medicaid. It aims to ensure fair payments and improve access to medications for patients.
1. This bill requires pharmacy benefit managers to follow specific payment rules for pharmacies. 2. It ensures pharmacies are paid fairly for prescription drugs based on current costs. 3. The bill prohibits certain practices that could limit patient access to medications. 4. It mandates that pharmacies do not charge patients extra fees for dispensing medications. 5. The changes will take effect starting January 1, 2027.
Pharmacies and patients who rely on Medicare and Medicaid for their prescriptions.