Wednesday, April 27, 2005

HB 1052: Pharmacy Program Procedures and Policies

H.B. 1052, P.N. 1208 (S.H. SMITH) This would create the Commonwealth Pharmacy Program Procedures and Policies Act,
This would create uniform and clearly defined remittance procedures for pharmacies or preferred pharmacy programs that require manufacture rebate remittances. An online claims adjudication system would be established. A generic drug equivalent when less expensive than its equivalent would be dispensed. A 15% per year surcharge could be placed on the principal of rebates that are over one year past due. No liability would be placed upon a pharmaceutical manufacturer for transferring drugs under this program.

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