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California Weighs PBM Limits in Senate Bill 41 as Pharmacists Split on Costs and Access

The fight centers on whether limits would lower drug costs or worsen pharmacy closures.

Overview

  • Two CalMatters guest essays present opposing views on Senate Bill 41, with a CVS specialty pharmacist urging caution and an independent pharmacy owner calling for swift passage.
  • Supporters of SB 41 say PBMs underpay pharmacies and drive closures, citing Federal Trade Commission findings and reporting losses on individual prescriptions.
  • An opposing pharmacist argues the bill would curb key PBM negotiating tools used to secure lower prices from drug manufacturers, risking higher patient costs.
  • California adopted new prescription drug transparency rules earlier this year, and Gov. Gavin Newsom vetoed a similar PBM bill last year after saying more data was needed.
  • Closures of independent and chain pharmacies are described as creating pharmacy deserts that disproportionately affect rural and predominantly Black and Latino communities.