Rebate Reform: West Virginia Law Requires PBMs To Share The Savings
First-of-its-kind state law requires 100% of rebates be redirected to offset patient cost sharing at the point of sale in commercial insurance plans.
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Faced with a proposed regulation that aims to eliminate rebates and an upcoming hearing on Capitol Hill, US pharmacy benefit managers including OptumRx are working to validate the concept of rebates when redirected to patients at the point-of-sale.
Insurer offers additional details on upcoming rebate program, including how it will protect contract confidentiality, and which members might use it the most.
PhRMA ad campaign targets US payer practice of using drug rebate dollars for general premium and cost sharing reductions and not to lower the cost of specific prescription fills.