Comments on NAIC White Paper Draft on PBM Regulation (November 2023)
Summary
The document, dated November 1, 2023, is a letter from NAIC Consumer Representatives supporting the NAIC White Paper Draft-A Guide to Understanding Pharmacy Benefit Manager (PBM) and Associated Stakeholder Regulation. The letter emphasizes the importance of PBM regulation for drug pricing and consumer access to medications. It expresses disappointment that certain consumer-impacting PBM practices and recommendations were excluded from the final draft but urges the adoption of the white paper and future consideration of these issues.