The Alabama Pharmacy Association (APA) and the American Pharmacy Cooperative Institute (APCI) are expressing their united support for the FAIR MEDS Act in the Alabama State Legislature, urging lawmakers to promptly send the bill to Governor Kay Ivey for her signature. requested.
The FAIR Meds Act will ensure patient access to health care, provide truth and transparency in prescription drug pricing, strengthen free market competition, and ensure that patients across Alabama have access to the pharmacies of their choice. It will help you to do so. The bill was introduced by sponsor Rep. Philip Rigsby (R-Huntsville).
“Out-of-control prescription prices impact everyone in Alabama, and we commend Congressman Rigsby for introducing the FAIR MEDS Act to ensure patients across the state can afford their medications.” APA Chief Executive Officer said Louise Jones, CEO. “We urge all Alabamians to urge their representatives to pass this desperately needed legislation without delay.”
“The FAIR Meds Act will bring transparency to patients, employers and Alabama’s pharmacies and improve access to health care,” said APCI CEO Tim Hamrick. “We are proud to work with APA to provide a unified voice in support of this bill.”
Pharmacy benefit managers are intermediaries in the prescription drug chain that determine the types of drugs patients can receive, how much patients will pay out-of-pocket for their prescriptions, and how pharmacies will be reimbursed for dispensed drugs. Although originally designed to lower prescription drug prices, research shows that PBM practices significantly contribute to skyrocketing prescription costs. The FAIR MEDS Act would create new regulations for these shadowy middlemen, bring transparency to prescription pricing in Alabama, protect patients, and provide nation-leading protections for employers. It is something.
For more information about the FAIR Meds Act, please visit: fairmedsara.com.