The bill would also prohibit “gag clauses” in contracts between PBMs or insurers and pharmacies. Gag orders prevent pharmacists from notifying patients they can obtain the drug for cheaper without using insurance.
President Donald Trump signed a bill into law last year that banned gag orders. Implementation of the law is ongoing.
The New Jersey measure was unanimously approved by the Senate in late February. It now awaits Assembly approval.
More articles on pharmacy:
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Purdue Pharma CEO: Bankruptcy is ‘an option’ amid lawsuits
Intermountain CEO Dr. Marc Harrison: How Civica Rx will disrupt the drug industry
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