Arkansas puts patients first with new share the savings law

Recently, Arkansas became the latest state to enact a law so that many patients aren ’t paying more for their medicines than their insurance company or pharmacy benefit manager (PBM). The policy, commonly referred to as “share the savings,” requires insurers and the PBMs they work with to share the rebates, discounts, and other price concessions they receive from manufacturers directly with patients at the pharmacy counter. The policy stands to helphundreds of thousands of Arkansans save at the pharmacy counter. 
Source: The Catalyst - Category: Pharmaceuticals Authors: Tags: Health Insurance Out-of-Pocket Costs Pharmacy Benefit Managers Policy Solutions Source Type: news