PBM Regulation Bill Passes First Hurdle
IPC is pleased to support bill AB 315 (Wood) which would require that Pharmacy Benefit Managers (PBMs) be regulated by the California Board of Pharmacy. AB 315 passed out of the Assembly Business & Professions Committee yesterday morning on a 12-1 vote.
Thank you to our members who contacted their legislators and requested support, it truly made a difference! Next stop is the Assembly Appropriations Committee. Stay tuned for additional information and calls to action as this important bill moves through the legislative process.
Questions or Concerns? Contact IPC's Government Relations Team at: GovernmentRelations@ipcrx.com.