Pine Plains Pharmacy urges Gov. Cuomo to pass PBM bill

PINE PLAINS — The Pine Plains Pharmacy drew local pharmacists, taxpayers, patients and personnel from both New York state and Dutchess County to a rally on Wednesday, Oct. 23, to thank the New York State Assembly and Senate for passing Bill A2836/S6531, which will regulate pharmacy benefit managers (PBMs) in the state.

According to the New York State Assembly website, the bill was designed to “amend the public health law, in relation to pharmacy benefit managers; to amend the insurance law, in relation to registration and licensing of pharmacy benefit managers; and to repeal certain provisions of the public health law relating thereto.”

Given the impact that unlicensed PBMs have had on customers trying to obtain their medications, Nasir Mahmood, owner and supervising pharmacist of Pine Plains Pharmacy, said the bill will bring some sense to issues surrounding unregulated PBMs. How? It will ensure that PBMs register with the Department of Financial Services if they want to conduct business in New York state. 

He added that this bill will allow patients more choices in obtaining their medication. Now that the bill has been passed with overwhelming support from the New York State Senate and New York State Assembly, Mahmood said the next step is to get New York Governor Andrew Cuomo to sign it into law.

By noon on Wednesday, the rally took shape at the front entrance of Pine Plains Pharmacy; many supporters came with signs that urged Cuomo to sign Bill S6531 and “protect patients, taxpayers and pharmacies.” 

In addition to Dutchess County Legislator Gregg Pulver (R-19) and New York State Senator Sue Serino (R-41), the rally welcomed pharmacists from McCarthy’s Pharmacy in Stanfordville, Resolution Rx in Pawling, City Drug in Poughkeepsie and Catskill Pharmacy in Ellenville.

Mahmood explained that the object of the rally was to urge Cuomo to sign the bill into law.

“We are so grateful that you have stayed here, that you haven’t sold out to somebody else,” said Pine Plains town Supervisor Darrah Cloud. “We need you.”

Though New York State Assemblymember Didi Barrett (D-106) was unable to attend, her office director, Matt Hartzog, read aloud a statement on her behalf.

“New York needs licensing of PBMs to bring this industry into the light and show pharmacies, insurers and patients who else has a hand in their drugs,” Hartzog read. “We need disclosure of the deals PBMs make so that we can have confidence that pharmacies and patients are getting a fair deal, and are paying the lowest possible price for medication. We need financial accountability for PBMs to discourage bad actors and ensure that real people, not profits, are the first priority.”

“I think it’s great when you see a group of people come to support a local business,” Pulver said. “I just hope the governor signs it — it seems like a no brainer.”

“I was proud to vote in support of this bill and I join the community in encouraging the governor to sign it into law to provide needed protections for patients, local pharmacies and our taxpayers,” Serino said later on.

In sharing his appreciation for the community support, Mahmood said, “Really, all of us pharmacists here encourage the community to stay behind us — it means a lot.

“I think it’s great to have that kind of support in other communities,” Mahmood added, “because those are the communities we serve. It’s a continuation of the professional services.”

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