New California law is a victory for patients, pharmacists

Gov. Jerry Brown of California signed on September 29 Assembly Bill 315, which is a key step for establishing a regulatory structure for the previously unregulated practices of PBMs.

Gov. Jerry Brown of California signed on September 29 Assembly Bill 315, which is a key step for establishing a regulatory structure for the previously unregulated practices of PBMs. To help protect both patients and providers from the hidden practices of PBMs in California, AB 315 makes changes to the California Business and Professions Code and the Health and Safety Code. "Consumers and pharmacists have been burdened by a complete lack of transparency and one-side, take-it-or-leave-it conditions thrust upon them by PBMs for far too long," said California Pharmacists Association CEO, Jon Roth. "AB 315 is an important step in beginning to unveil exactly how consumer's prescription drug benefit plans are financed and managed." Further information about AB 315 is available here.