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Senate now has DIR bill to match House bill

by NCPA | Apr 03, 2019

On Tuesday, Sens. Shelley Moore Capito (R-W.Va.) and Jon Tester (D-Mont.) introduced S. 988, the Improving Transparency and Accuracy in Medicare Part D Drug Spending Act, a bill with wide bipartisan support in the 115th Congress. The legislation would ensure that community pharmacists receive reimbursement at the rate posted at the time prescriptions are filled by prohibiting Medicare Part D plan sponsors and PBMs from retroactively reducing payments on accurate reimbursement claims submitted by pharmacies. Doing so would help ensure community pharmacies are able to continue to serve Medicare beneficiaries and combat the growing financial uncertainties these small businesses are facing. Thanks to Moore Capito and Tester for their continuing support of community pharmacy. Let your senators know you'd appreciate their support for this important bill.