PCMA and NACDS Respond to PBM Reform Legislation in Illinois

PCMA and NACDS respond to PBM reform legislation in Illinois

WASHINGTON — The signing of Illinois House Bill 1697 by Governor J.B. Pritzker has drawn sharply contrasting reactions from two key players in the prescription drug and pharmacy policy arena: the Pharmaceutical Care Management Association (PCMA) and the National Association of Chain Drug Stores (NACDS).PCMA criticizes law as costly and counterproductivePCMA, the national association representing pharmacy benefit managers (PBMs), expressed strong…

PCMA Statement on Illinois H.B. 1697

(SPRINGFIELD, IL) — The Pharmaceutical Care Management Association (PCMA) released the following statement today following the signing of House Bill 1697 by Governor Pritzker: “We are disappointed with the misguided legislation that Governor Pritzker has signed that will hurt the ability of employers in Illinois to provide affordable health benefits to employees and their families. This legislation imposes a new tax on patients and health plan s…