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NY A08781
Bill
Status
12/28/2018
Primary Sponsor
Linda Rosenthal
Click for details
AI Summary
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Prohibits pharmacy benefit managers from penalizing pharmacists or pharmacies for disclosing to customers the cost of prescription medications or information about therapeutically equivalent alternative medications and purchasing methods, including cash prices.
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Prohibits pharmacy benefit managers from charging or collecting copayments from individuals that exceed the total charges submitted by the pharmacy for which the pharmacy is paid.
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Requires pharmacies to retain adjudicated costs when individuals pay copayments, and prohibits pharmacy benefit managers from redacting or recouping those adjudicated costs.
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Voids and makes unenforceable any contract provisions that violate these prohibitions.
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Takes effect 90 days after becoming law.
Legislative Description
Prohibits pharmacy benefit managers from prohibiting pharmacies from disclosing to consumers the cost of prescription medication, the availability of alternative medications or alternative means of purchasing prescription medications; and prohibits pharmacy benefit managers from collecting copayments from consumers of prescription medications.
Last Action
tabled
12/28/2018