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Pharmacies Fight for Fairer Drug Payments | New York City News

Pharmacies Fight for Fairer Drug Payments | New York City News

Published 2 weeks ago
Description

New York lawmakers are pushing a bold bill that could force pharmacy benefit managers to pay pharmacies $10 more per prescription and standardized rates for certain drugs—aiming to rescue struggling independent pharmacies from being squeezed by middlemen. But insurers and PBMs warn it could hike drug prices and premiums, pitting affordability against fairness. With Governor Hochul’s veto power looming, the state’s future on prescription costs hangs in the balance.

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