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Improved Access to Pharmacies for Seniors under Medicare

This act aims to make it easier for seniors using Medicare to access pharmacies, especially in underserved areas. It ensures that pharmacies in such locations can more easily join the Medicare network and introduces rules for fair reimbursement of pharmacies for medications. This should give seniors more pharmacy choices and ensure pharmacies are fairly compensated.
Key points
Pharmacies in medically underserved or rural areas can more easily join the Medicare pharmacy network, increasing access to medications for seniors.
Medicare insurers must ensure fair reimbursement for pharmacies for medications, not less than what pharmacies affiliated with pharmacy benefit managers receive.
Full transparency in pharmacy payment settlements is required, meaning pharmacies will receive detailed information on all payment components for medications.
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Additional Information
Print number: 117_HR_2608
Sponsor: Rep. Welch, Peter [D-VT-At Large]
Process start date: 2021-04-15