NACDS Applauds Enactment of Mississippi PBM Audit Legislation to Protect Patients, Community Pharmacies

Alexandria, Va. – The National Association of Chain Drug Stores (NACDS) today hailed the enactment of pharmacy benefit manager (PBM) audit legislation (HB 1490). Governor Phil Bryant (R) signed the bill into law on April 24, following swift legislative action after the bill was introduced on February 23 by Rep. Eugene Forrest Hamilton (R).
Among other provisions, the law will establish procedures for conducting an audit under the state’s Pharmacy Audit Integrity Act, and authorize monetary penalties to PBMs for noncompliance with the Act.
NACDS thanked the Mississippi Independent Pharmacies Association (MIPA) for its leadership in advocating for the new law.
“The enactment of this legislation is another step forward for pharmacy patient care and for sound public policy,” said NACDS President and CEO Steven C. Anderson, IOM, CAE. “The new law says it best when it requires auditors to ‘not interfere with the delivery of pharmacist services to a patient’ and to ‘utilize every effort to minimize inconvenience and disruption to pharmacy operations.’ The Mississippi legislature and Governor Bryant deserve credit for advancing this pro-patient and pro-pharmacy law.”
NACDS has endorsed federal legislation that seeks to preserve pharmacy choice for patients and takes additional steps to prevent threats to pharmacy patient care. The bipartisan Pharmacy Competition and Consumer Choice Act – S. 1058 and H.R. 1971, sponsored by U.S. Senator Mark Pryor (D-AR) and U.S. Representative Cathy McMorris Rodgers (R-WA), respectively – includes provisions requiring transparency by PBMs in pharmacy audits.
The new Mississippi law will be effective July 1, 2012.