US EditionAlabama lawmakers advance regulations on pharmacy benefit managers
- Alabama lawmakers voted 32-0 to advance legislation mandating minimum reimbursement rates for community pharmacists, according to the Alabama Senate.
- Independent pharmacies have faced significant closures due to reimbursement issues and rising costs, as reported by the Alabama Independent Pharmacy Alliance.
- Pharmacy Benefit Managers have been criticized for business practices that lead to losses on a significant percentage of prescriptions, according to independent pharmacists.
- Senator Billy Beasley noted that Alabama is losing nearly one drugstore per week due to low payments from PBMs, emphasizing the negative impact on community pharmacies.
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speakinoutweeklynews.net
speakinoutweeklynews.netAlabama bill adding $10.64 fee on prescriptions advances as state struggles with pharmacy closings
“We’re losing almost one drugstore per week going out of business,” Sen. Billy Beasley said.
·Alabama, United States
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