Texas Moves to Add Transparency to Drug Costs

A new law in Texas moves to add greater transparency to drug pricing in the state.  Texas Governor Greg Abbot signed HB 2356 this summer, which requires pharmaceutical drug manufacturers, pharmacy benefit managers (PBMs) and health benefit plans to report drug pricing information to the Texas Health and Human Services Commission (HHSC). The reporting requirements […]

Recent Legislation in Texas Aims to Regulate PBMs More

During the most recent legislative session, the state of Texas took steps towards regulating PBMs.  The Texas Legislature passed House Bill 3218, creating registration requirements for PBMs contracting with HMOs, and Senate Bill 680, requiring clinical and medical criteria of prior authorization for prescriptions. Audra L. Conwell, Executive Director of the Alliance of Independent Pharmacists of […]