The proposed bill, General Assembly Proposed Bill No. 6814, aims to reform the practices of pharmacy benefits managers (PBMs) by amending title 38a of the general statutes. The bill seeks to implement limitations on PBM contracts with the goal of reducing out-of-pocket expenses for consumers. Additionally, it emphasizes the need for improved transparency in the operations and practices of pharmacy benefits managers.
The bill does not specify the exact legal language that will be inserted or deleted from current law, but it clearly outlines its objectives to enhance consumer protection and clarity in the pharmacy benefits sector. By addressing these issues, the bill intends to create a more equitable and transparent system for consumers who rely on pharmacy benefits.