CMS proposes rules to improve Medicaid drug price transparency

(By Rylee Wilson for Becker’s Hospital Review)

CMS is proposing a set of rules for drug manufacturers, pharmaceutical benefit managers and managed care plans to increase drug price transparency in Medicaid.

In a proposed rule published May 23, the agency laid out plans to increase transparency by requiring manufacturers to disclose some pricing information through a price survey and requiring PBMs to disclose more pricing details to managed care plans. Continue reading here…

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