MA S734

Establishes a state licensing procedure for specialty pharmacies that dispense specialty medications, excluding mail service pharmacies

Requires each specialty pharmacy to designate a pharmacist in charge who must register with the board, maintain good standing, and submit annual reports including location, manager information, and lists of drugs dispensed to Massachusetts patients

Prohibits out-of-state pharmacies from shipping, selling, or dispensing medications in Massachusetts without obtaining a specialty license

Prevents insurance carriers from prohibiting any licensed pharmacy from dispensing specialty drugs covered under their benefits, provided the pharmacy can meet handling, administration, and monitoring requirements

Requires carriers to allow any network pharmacy to provide specialty drugs if the pharmacy agrees to the same reimbursement terms and conditions as other specialty pharmacies