Tony Evers signs bill aimed at lowering prescription drug prices in Wisconsin
MADISON - Gov. Tony Evers on Friday signed a bill that aims to lower prescription drug prices in Wisconsin.
The new law adds transparency requirements for pharmacy benefit managers, who manage prescription drug benefits for health plans and negotiate prices for prescription drugs.
The bill, introduced by Sen. Mary Felzkowski, R-Irma, and Rep. Michael Schraa, R-Oshkosh, requires the managers to give the state more information on what they pay for the drugs and whether their savings are reflected in costs paid for by customers.
The new law also bars pharmacy benefit managers from preventing customers from receiving information about cheaper alternatives to their prescriptions.
Read more: https://www.jsonline.com/story/news/politics/2021/03/26/tony-evers-signs-bill-aimed-lowering-lower-prescription-drug-prices/7016519002/