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WV Senate approves SB 453, setting drug price limits | Legislative Session

WV Senate approves SB 453, setting drug price limits | Legislative Session
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Senate approves bill aimed at pharmacy benefit managers

The West Virginia Senate on Wednesday approved a bill that would place limits on drug pricing and require more transparency from pharmacy benefit managers.

WV bill would set new rules for pharmacy benefit managers | Legislative Session

Senate Bill 453 would ensure transparency from pharmacy benefit managers contracting with PEIA, specifically regarding pricing and payments for drugs and to pharmacies. The bill aims to enhance accountability and fairness in pharmaceutical transactions, especially involving Medicare payments and ultimately benefiting the healthcare consumers covered by PEIA. The bill is set to undergo further consideration in the Committee on Health and Human Resources.

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