Senate Bill 582 introduced by eleven Senators on January 22, imposes additional conditions to the Pharmacy Audit Integrity Act -- introduced earlier in House Bill 4058. The addition defines "maximum allowable cost" to mean "a maximum drug product reimbursement for an individual drug or a group [Read more...]
House Bill 4058, introduced January 8 by the Legislature, provides that a person or organization may not establish or operate as a pharmacy benefits manager in the State of West Virginia without first obtaining a license from the Insurance Commission. An application fee not to exceed $10,000 is [Read more...]
There's a growing trend of pharmacies that are being terminated from pharmacy networks by pharmacy benefit managers (PBMs) due to the pharmacy's affiliation with providers who have been previously terminated from the PBM's pharmacy network. PBMs are targeting pharmacies that have relationships [Read more...]
The West Virginia Pharmacists Association extends New Year's appreciation to pharmacists for their contribution and support of pharmacy during 2019. The Drug Enforcement Administration(DEA) has announced proposed regulations to improve the agency's ability to oversee the production of opioids [Read more...]
