AN ACT CONCERNING PHARMACY BENEFITS MANAGER REFORM.

HB 6814 would require pharmacy benefits managers (PBMs) in Connecticut to limit contract terms that increase consumer costs, directly affecting patients who pay for medications. The bill mandates clearer disclosure of PBM pricing practices and payment structures to pharmacies, improving transparency in how drug costs are managed. Key provisions include restricting contracts that raise out-of-pocket expenses for consumers and requiring PBMs to provide detailed cost information to both pharmacies and patients. These changes aim to make prescription drug costs more predictable and fair for Connecticut residents using insurance plans.