The "Community Pharmacy Relief Act," designated as SB252, amends the Code of Alabama 1975 to enhance the regulation of pharmacy benefits managers (PBMs) and protect independent pharmacies. Key provisions include the introduction of new definitions such as "independent pharmacy," "rebate," and "spread pricing," which clarify the roles of PBMs. The bill establishes a minimum reimbursement amount for independent pharmacies, prohibits PBMs from steering patients to specific pharmacies, and mandates fair compensation for pharmacies dispensing prescription drugs. Additionally, it requires PBMs to report discrepancies in pricing and prohibits excessive credentialing standards and retroactive fees.
Significant changes in the bill include the deletion of outdated terms and the insertion of new legal language that broadens the definition of PBMs to include entities administering prescription discount programs. The bill also mandates that PBMs pass on 100% of rebates received from pharmaceutical manufacturers to health benefit plan clients, with certain exemptions for public employee plans. The legislation aims to promote transparency, competition, and access to affordable medications while ensuring that independent pharmacies are fairly compensated for their services. The bill is set to take effect immediately, with specific provisions regarding rebates beginning on October 1, 2025.
Statutes affected: Introduced: 27-45A-3, 27-45A-5, 27-45A-6, 27-45A-7, 27-45A-8, 27-45A-10
Engrossed: 27-45A-3, 27-45A-5, 27-45A-6, 27-45A-7, 27-45A-8, 27-45A-10
Enrolled: 27-45A-3, 27-45A-5, 27-45A-6, 27-45A-8, 27-45A-10