President Signs ‘Gag Clause’ Bills into Law
Today, President Trump signed two bills into law that will allow pharmacists to disclose the lowest cost of prescriptions to their patients.
Previously, pharmacy benefit managers (PBMs) have enforced so-called “gag clauses” that prohibited pharmacists from informing their patients if they could purchase their prescriptions for a lower cost out-of-pocket vs. through insurance.
The Patient Right to Know Drug Prices Act and the Know the Lowest Price Act prevent gag clauses on both Medicare Part D and private insurance plans.
Currus, alongside NCPA and other organizations, are excited about the signing of this legislation and its potential impact on consumer costs. It’s a step in the right direction towards better drug-pricing transparency for pharmacists and most importantly – their patients.