Lower Drug Costs and More Pharmacy Choice for Federal Employees.
This act aims to reduce prescription drug costs for federal employees by introducing new rules for pharmacy benefit managers (PBMs). It ensures manufacturer rebates are applied directly to lower drug prices at the point of sale and prohibits practices that limit pharmacy choice. Federal employees can expect lower out-of-pocket drug costs and greater flexibility in obtaining their medications.
Key points
Drug cost savings: Manufacturer rebates will directly reduce the price of your medication at the register, lowering your out-of-pocket expenses.
Increased pharmacy choice: PBMs cannot force you to use a specific pharmacy or restrict access to others.
Fairer rules for pharmacies: New regulations ensure pharmacies receive fair payment, supporting their stability and service availability.
Penalties for violations: PBMs that fail to comply with the new rules will face significant fines and potential exclusion from programs.
Status:
Introduced
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