Urge Governor Cuomo to sign PBM Licensure bill S6531 into Law!
Tuesday, August 6, 2019
This is PSSNY's first Call to Action for PSSNY members to write to the Governor about the PBM bill. S6531 is one of many bills that have passed both houses and have not yet gone to his desk. Please take this opportunity to tell the Governor why licensing PBMs is urgently needed. Your messages are an important part of PSSNY's ongoing campaign to raise public awareness and get a law on the books in New York. The Society is actively monitoring developments and will keep members informed.
New York legislators passed the strongest PBM licensing bill in the country according to policy analysts who track activity in state capitols. S6531 was a clear legislative win. Soon the bill will be on Governor Cuomo's desk and he will decide whether to sign it into law. This is where every pharmacist's voice is important.
The opposition is formidable, but so are we. It's time to step up!
Pharmacists must be active and visible in this effort. YOU need to tell the Governor why this bill is so urgently needed. YOU need to bear witness to what you see and what you know about the harm caused every day by these unregulated behemoths.
What the PBM licensing bill S6531 does:
- Places PBMs directly under the NYS Departments of Health and Financial Services for registration, licensure and regulation;
- Specifically prohibits conflicts of interest as well as deceptive and anti-competitive practices;
- Prohibits PBMs from requiring additional pharmacy accreditations and certifications more stringent than or in addition to federal and state requirements for licensure as a pharmacy;
- Gives patients and pharmacies legal relief for any injury or loss;
- Specifies that PBMs have a duty to perform with care, skill, prudence, diligence and professionalism and "for the best interests primarily of the covered individual, and the health plan or provider;"
- Compels PBM disclosures to NYS agencies under penalty of perjury;
- Requires PBMs to fully account to payers for rebates, clawbacks, fees, chargebacks and pharmacy reimbursement; and
- Requires PBMs to disclose terms of contracts including pharmacy dispensing fees.
The Governor's office limits electronic messages to 100 characters or less sent from platforms such as PSSNY's Voter Voice. Click here to send this short message to the Governor: Save local pharmacies. Sign S6531.
If you wish to send a longer, more detailed message, click here to download a sample or compose your own. Send an email to Gov.Cuomo@chamber.state.ny.us or letters to:
The Honorable Andrew M. Cuomo
Governor of New York State
NYS State Capitol Building
Albany, NY 12224