Information Sessions on Chapter 342 of the Acts of 2024 (“An Act Relative to Pharmaceutical Access, Costs and Transparency”)

Section 37 of Chapter 342 of the Acts of 2024 (“An Act Relative to Pharmaceutical Access, Costs and Transparency”) created General Law Chapter 176Y (“Licensing and Regulation of Pharmacy Benefit Managers”).

The Division of Insurance is holding information sessions to listen to thoughts about future regulations, bulletins and other guidance, including question and answer documents, that the Division should consider regarding this newly enacted statute.  The following sessions will allow consumers, providers, carriers and other interested parties to provide information that the DOI should consider as they listen to different points of view.

All meetings begin at 12:30 and are scheduled for 90 minutes.

Friday, March 7       M.G.L. c. 176Y, section 1 - definitions

Friday, March 21    M.G.L. c. 176Y, section 2 - licensing process and standards

Friday, April 4         M.G.L. c. 176Y, sections 3 and 4 - examinations and conflict of            interest

If you would like to participate in any of the meetings, you may click Join the meeting now. If you instead would like to participate via telephone, please call 1-857-327-9245 and enter the meeting password of 705 526 430#.

If you have any thoughts about items to discuss in any session, please consider sending them to kevin.beagan@mass.gov.  If you are not able to participate on any days of the planned session, written comments may be sent to kevin.beagan@mass.gov and Rebecca.butler@mass.gov.