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New Jersey

(All States)

Pharmacy Laws & Regulations

New Jersey

Pharmacy Laws & Regulations

(All States)

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Meet the Hosts

Anthony Rubinaccio | Executive Director
PO Box 45013 Newark, NJ 07101

Meet the Hosts

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SIGNED INTO LAW
Bill in progress
nEWS UPDATE

Medicaid PBM Transparency is Now Required by Law in New Jersey

New Jersey Governor Phil Murphy has signed bill S249/A1259 into law. This new law requires higher transparency from pharmacy benefit managers (PBMs) under the state Medicaid managed care program. These PBMs must now disclose all sources of financial benefits and their amounts, all payments that they make to pharmacies, and details of their payment model behind administrative fees. This new law will increase transparency of PBMs and help to uncover and mitigate unlawful, unfair practices.

Source:  

State of New Jersey

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SIGNED INTO LAW
Bill in progress
nEWS UPDATE

Division of Consumer Affairs Required to Publish Retail Price of Opioid Antidotes

A5595 has been signed into law and now makes the retail price of certain opioids readily available to consumers through the New Jersey Prescription Drug Retail Price Registry (NJPDRPR). This indicates the actual price to be paid to the pharmacy by a retail purchaser.

Source:  

LegiScan

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SIGNED INTO LAW
Bill in progress
nEWS UPDATE

Creation of Risk Reduction Model for Prescription Drug Services

The law resulting from S887 now requires the Division of Medical Assistance and Health Services in the DHS to implement a risk reduction model to prescription drug services under Medicaid. The purpose is to identify and reduce multi-drug interactions risks and adverse drug events, in order to improve adherence and quality of care while reducing the cost of care. The Division must share pharmacy claims data and coordinate services with a network of local community pharmacies throughout the state.

Source:  

LegiScan

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