Governor Signs
CPhA-Sponsored MAC Transparency Bill (AB 627)
CPhA is pleased to report that last night, Governor Jerry Brown signed CPhA-sponsored legislation AB 627 (Gomez). This bill requires PBMs to update their Maximum Allowable Cost (MAC) lists weekly; requires PBMs to provide in-network pharmacies with the current MAC list upon request and disclose the sources used in establishing MAC lists; and establishes much-needed standards for appeals filed by pharmacies for MAC list prices that appear to be out of date. The issue of rapidly escalating generic prices coupled with slow adjustments to MAC price lists led to the need for this bill. This issue was the most important and concerning issue described during our CPhA town hall meetings conducted last year. CPhA is pleased to be able to deliver this win to our members and the profession! You can read more information about the bill here. |