California Health and Safety Code
§ 127673.05
HSC § 127673.05 Effective Jun 30, 2025Div. 107 · Part 2 · Ch. 8.5
Statute text
View on leginfo.ca.gov(a)For purposes of this section, “pharmacy benefits manager” or “PBM” means an entity that is required to be licensed pursuant to Section 1385.008.
(b)Notwithstanding any other state law, for the purpose of providing information for inclusion in the system, PBMs shall provide to the department data regarding drug pricing, the fees paid for pharmacy benefit management services, payments or rebates to or from pharmacy benefits managers regarding drugs or services, and other information as needed to provide transparency on pricing and payments related to prescription drugs. This may include all of the following:
(1)Drug codes, names, therapeutic category, and manufacturer.
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Legislative history
Added by Stats. 2025, Ch. 21, Sec. 41. (AB 116) Effective June 30, 2025.