Today, the Speaker’s Office continued meeting with independent pharmacists, the Board of Pharmacy, and the business community to work out an agreement that would provide for much-needed and overdue support for independent pharmacists while also protecting employers and consumers. PBM reform has been a priority in the House for many years. We have led the charge on numerous pieces of PBM legislation that were never able to make it all the way through the legislative process, but the time is now.
This summer, the House named several Select Committees to focus on specific priority areas, Prescription Drugs being one of them. As a result of the hearings, research, and discussions in that Select Committee and the many years of working on PBM reform, the House presented HB 1123 this session, which intends to provide the necessary transparency that has been demanded from the pharmacist community. The Senate also came forward with its approach to PBM reform in SB 2677.
The House is actively working with our Senate counterparts to assemble the most meaningful and impactful legislation to reform the multi-faceted prescription drug industry. It is a priority in the House of Representatives to support independent pharmacists who are such an essential part of Mississippi’s communities and protect consumers from heightened drug costs at the checkout line, while also guarding against increased health insurance and premium prices for our state’s businesses and citizens. I thank my personal pharmacist, David Hudson, who runs an independent pharmacy in my hometown of Kosciusko. He has a unique perspective in that he is not only an independent pharmacist but also serves on the State Board of Pharmacy—his expertise and perspective has been invaluable in creating a solution. I also want to thank Representative Hank Zuber and Senator Hob Bryan for their dedication to getting PBM reform done this session while creating a win-win for independent pharmacists and Mississippi businesses.