New York State proposes NADAC and reimbursement floor

NCPA September 12, 2023

The New York State Department of Financial Services is proposing wide-ranging rules to regulate PBMs, opening a public comment period through Oct. 16.  Most notably, the proposal includes a reimbursement floor applicable to the commercial market of NADAC plus a dispensing fee of $10.18, the state’s CMS-approved Medicaid dispensing fee.  The proposal also addresses NCPA priority issues such as patient steering, reimbursement parity with PBM-owned or affiliated pharmacies, options for transparent pricing, audit protections, and network access. NCPA is working with members and other stakeholders in advance of submitting comments. Learn more about this and other vital issues at NCPA’s advocacy page.

NCPA