Bill to Increase Pharmacy Rate Transparency Advances

Independent pharmacists struggling to keep their doors open could soon expect more transparency in negotiating rates with Medicaid managed care organizations.  

Reimbursement rates were the same throughout the state until March 2012 when Texas expanded managed care. Once that happened, pharmacists were required to sign contracts with multiple managed care organizations and agree to rates set forth for Medicaid prescriptions.

They often wouldn't know the rates they'd be paid for specific drugs prior to signing the contract.

On Friday the Texas House gave tentative approval to Senate Bill 1106, by state Sen. Charles Schwertner, R-Georgetown, which ...

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