INDIANAPOLIS (WEHT) – State Rep. Hatfield’s (D-Evansville) amendment that would aim to lower the cost of prescription drugs for Hoosiers was voted down by the Indiana House of Representatives.
The amendment would eliminate the ability for Pharmacy Benefit Mangers (PBMs) to implement spread pricing techniques, deny previously accepted claims, reduce payment to a pharmacy for pharmacist services, or pay a pharmacy or pharmacist less than the national average drug acquisition cost for the prescription drug provided.
“We have to put a stop to high prescription drug prices in Indiana,” said Hatfield. “PBM’s are the middle men between manufacturers and pharmacies. Without any regulations, they have been left to jack up prescription drug prices at the cost of Hoosier lives.”
(This story was originally published on January 30, 2020)