Establishes standards for timely payment of clean claims by pharmacy benefits managers.
Introduced First Reading Assembly Referred to AFI
Summary
The bill sets standards for how quickly pharmacy benefit managers must pay clean prescription drug claims. It affects PBMs and the pharmacies that submit those claims, aiming to improve cash flow for pharmacies and ensure timely reimbursement. Prompt payment is intended to reduce financial strain on providers and support patient access to medication.
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