Gov. Sanders signs PBM prompt pay bill; other PBM bill soon before committee - talkbusiness.net
Gov. Sanders signs PBM prompt pay bill, enhancing payment timelines for pharmacies; another related bill is pending committee review.
Aforeworn detected this change in the Pharmacy & Controlled Substances space on September 2, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Medium urgency. All pharmacies, including independent, retail chains, compounding, and long-term-care pharmacies. should confirm how it applies to their specific situation before acting. There is a time constraint attached: Not specified.. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Pharmacy & Controlled Substances continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
New legislation mandates prompt payment from Pharmacy Benefit Managers (PBMs) to pharmacies.
Who it affects
All pharmacies, including independent, retail chains, compounding, and long-term-care pharmacies.
What you must do
Review and adjust billing practices to ensure compliance with the new prompt pay requirements.
Deadline
Not specified.
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