OSCO and ASCO Supported Co-Pay Accumulator Ban Bill Signed into Law
On April 22nd, 2021
On April 19, Oklahoma Governor Kevin Stitt (R) signed co-pay accumulator ban bill HB 2678 into law. This measure requires Pharmacy Benefit Managers (PBMs) to include any amount paid by an enrollee, or on behalf of an enrollee, when calculating the enrollee’s out of pocket maximum, copay, coinsurance, deductible, or cost sharing requirement. The Oklahoma Society of Clinical Oncology (OSCO) and Association for Clinical Oncology (ASCO) joined other patient groups, physician groups, and industry stakeholders in coalition supporting this measure as it was considered in the Legislature. The bill will take effect on November 1, 2021.
On April 19, Oklahoma Governor Kevin Stitt (R) signed co-pay accumulator ban bill HB 2678 into law. This measure requires Pharmacy Benefit Managers (PBMs) to include any amount paid by an enrollee, or on behalf of an enrollee, when calculating the enrollee’s out of pocket maximum, copay, coinsurance, deductible, or cost sharing requirement. The Oklahoma Society of Clinical Oncology (OSCO) and Association for Clinical Oncology (ASCO) joined other patient groups, physician groups, and industry stakeholders in coalition supporting this measure as it was considered in the Legislature. The bill will take effect on November 1, 2021.
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