STATE OF NEW YORK ________________________________________________________________________ 9764 IN ASSEMBLY April 4, 2024 ___________ Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Health AN ACT to amend the public health law, in relation to prohibiting phar- macy benefit managers from penalizing pharmacies for providing custom- ers certain information relating to the costs of prescription medica- tions The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 5 of section 280-a of the public health law, 2 as amended by chapter 128 of the laws of 2022, is amended to read as 3 follows: 4 5. Contract provisions. No pharmacy benefit manager shall, with 5 respect to contracts between such pharmacy benefit manager and a pharma- 6 cy or, alternatively, such pharmacy benefit manager and a pharmacy's 7 contracting agent, such as a pharmacy services administrative organiza- 8 tion: 9 (a) prohibit or penalize a pharmacist or pharmacy from disclosing to 10 an individual purchasing a prescription medication or service informa- 11 tion regarding: 12 (i) the cost of the prescription medication or service to the individ- 13 ual, or the cost of the prescription medication or service to the phar- 14 macy and the pharmacy's reimbursement for that prescription medication 15 or service; or 16 (ii) the availability of any therapeutically equivalent alternative 17 medications or alternative methods of purchasing the prescription medi- 18 cation, including but not limited to, paying a cash price; or 19 (b) charge or collect from an individual a copayment that exceeds the 20 total submitted charges by the pharmacy for which the pharmacy is paid. 21 If an individual pays a copayment, the pharmacy shall retain the adjudi- 22 cated costs and the pharmacy benefit manager shall not redact or recoup 23 the adjudicated cost. 24 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14486-03-4