Easier Access to Children's Healthcare and Drug Price Transparency.
This act aims to improve children's access to healthcare by simplifying the process for out-of-state medical providers to enroll in Medicaid. It also introduces greater transparency in drug pricing to prevent inflated costs by intermediaries, potentially leading to lower medication expenses for patients.
Key points
Out-of-state medical providers will find it easier to offer services to children covered by Medicaid, increasing healthcare access.
New rules will ensure transparency in prescription drug pricing, preventing hidden fees and inflated costs by pharmacy benefit managers.
Pharmacy benefit managers will be required to disclose all costs and payments related to prescription drugs, protecting against unfair pricing practices.
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