Pharmacy benefits manager; directing LSA director to retain national consultant to study and report on effects of pharmacy benefits manager practices in the State of Alabama
The resolution aims to conduct a comprehensive study that will elucidate the relationship between PBMs, drug manufacturers, and pharmacies, and how their practices influence prescription drug pricing and accessibility for Alabamians. The findings from this study are expected to provide insights that could potentially shape future legislation and regulatory measures concerning PBMs and their impact on healthcare in the state.
SJR45 is a resolution directing the Director of the Legislative Services Agency of Alabama to hire an outside consultant to thoroughly examine the practices of pharmacy benefits managers (PBMs). These intermediaries between health insurers and pharmacies have raised significant concerns over how their pricing and reimbursement practices adversely affect local pharmacies, particularly independent ones in rural areas. This resolution seeks to investigate these issues to better understand the implications for pharmacies and patient access to essential medications.
The sentiment surrounding SJR45 appears to be concerned yet hopeful, as there is an acknowledgment among legislators that without the proper actions, the closure of pharmacies—especially in underserved rural areas—will continue to negatively impact healthcare accessibility. The resolution reflects a proactive stance aimed at addressing a complex issue that affects many residents in Alabama.
Opponents of current PBM practices argue that they contribute to closures of critical local pharmacies, thus limiting access to medications for residents in underserved rural regions. While SJR45 seeks expert opinions to navigate these concerns, it remains to be seen how the findings will reconcile the competing interests of healthcare providers and the overarching goals of pharmaceutical cost management. Legislators anticipate that the study may reveal the need for legislative adjustments to better safeguard local pharmacy practices and patient welfare.