Governors sign new PBM bills in Tennessee, Vermont

NCPA June 2, 2022

Thanks to Gov. Bill Lee (R-Tenn.) and Gov. Phil Scott (R-Vt.) Last week, Lee signed HB 2661 into law. The act requires PBMs to adopt reimbursement methods that accurately reflect actual acquisition costs and protect patients from being forced to use PBM-owned pharmacies. In Vermont Scott signed H. 353, a bill that addresses patient steering and also requires the state to look into issues such as reimbursement transparency, spread pricing, and other PBM practices that raise costs for patients and plans. NCPA sent letters of appreciation to both governors.

NCPA