HIPAA Journal
FEBRUARY 2, 2023
The rule took effect in 2009, yet compliance has not been enforced. Yesterday, the FTC issued its first penalty for noncompliance with the Health Breach Notification Rule to the prescription drug provider, GoodRx Holdings Inc, which has been ordered to pay a financial penalty of $1.5 That has now changed.
Innovaare Compliance
JUNE 28, 2024
These requirements include: Detailed Reporting: Plans must submit comprehensive data on prescription drug pricing, utilization, and patient outcomes. Compliance Audits: Regular audits will be conducted to ensure adherence to M3P guidelines, with penalties for non-compliance.
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Compliancy Group
SEPTEMBER 25, 2024
PBMs determine the prescription drug prices that insurers pay and the payments that pharmacies receive. PBMs also negotiate rebates and discounts from drug manufacturers for the health insurance plans they work with. How Can the Guard Help with HIPAA Compliance? PBMs wear many hats.
Innovaare Compliance
JUNE 27, 2024
These requirements include: Detailed Reporting: Plans must submit comprehensive data on prescription drug pricing, utilization, and patient outcomes. Compliance Audits: Regular audits will be conducted to ensure adherence to M3P guidelines, with penalties for non-compliance.
Health Care Law Brief
JANUARY 19, 2022
On December 31, 2021, New York Governor Kathy Hochul signed landmark legislation to increase the transparency of prescription drug pricing and to establish requirements on pharmacy middlemen. The new statute authorizes DFS to examine any registrant or licensee at any time they deem it expedient to ensure compliance.
HIT Consultant
NOVEMBER 8, 2022
Designed to shed light on the true cost of drugs and to ensure that consumers and insurers aren’t being gouged, drug pricing transparency laws seek to level the playing field by delivering greater visibility into drug costs. of adults have delayed refilling a prescription after running out, and 16.4%
Health Law Advisor
MAY 26, 2023
Over the past several months, the FTC followed through with its policy statement, bringing, and publicly settling, cases against prescription drug price tracking app GoodRx , online counseling service BetterHelp , and, most recently, ovulation tracking app Premom. Commissioner Phillips has since resigned.
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