Okla. State Senate: Sen. Hicks Wins Committee Approval for Legislation Putting Financial Interests of Patients First in Rx Pricing
February 14, 2024
February 14, 2024
OKLAHOMA CITY, Oklahoma, Feb. 14 -- The Oklahoma State Senate issued the following news release:
Sen. Carri Hicks has received approval from the Senate Retirement and Insurance Committee for Senate Bill 1581, requiring pharmacy benefit managers (PBMs) to make patients and their insurance companies the top consideration when negotiating prescription drug plans. PBMs develop formularies that determine what drugs are included and at what price, and sometimes use their leverage to threa . . .
Sen. Carri Hicks has received approval from the Senate Retirement and Insurance Committee for Senate Bill 1581, requiring pharmacy benefit managers (PBMs) to make patients and their insurance companies the top consideration when negotiating prescription drug plans. PBMs develop formularies that determine what drugs are included and at what price, and sometimes use their leverage to threa . . .