Relates to reimbursements practices of pharmacy benefit managers

This bill requires pharmacy benefit managers (PBMs) to reimburse pharmacies for prescription drugs at an amount equal to or greater than the pharmacy's actual cost of procuring the drug. It directly affects independent pharmacies and PBMs by preventing PBMs from underpaying pharmacies below their acquisition cost from wholesalers. Key provisions include: (1) requiring PBMs to adjust reimbursement if a requested drug isn't available at the pharmacy's cost, and (2) prohibiting PBMs from paying pharmacies less than what they pay their own affiliated pharmacies for identical drugs. The law ensures pharmacies are compensated fairly for the drugs they dispense, without referencing specific outcomes or political implications.