Home Economy R.I. Senate approves bills restricting ‘spread pricing’ on prescription meds 

R.I. Senate approves bills restricting ‘spread pricing’ on prescription meds 

THE R.I. SENATE has approved two bills aimed at ending the use of “spread pricing” by pharmacy benefit managers, a practice often charge health plans and payers more for a prescription drug than what they reimburse to the pharmacy./ ASSOCIATED PRESS FILE PHOTO/CHRIS CARLSON

PROVIDENCE – The R.I. Senate has approved a pair of bills targeting the use of “spread pricing” by pharmacy benefit managers, which often charge health plans and payers a higher price for a prescription drug than what they reimburse to the pharmacy and keep the difference.  Legislation sponsored by Sen. Lori Urso, D-Pawtucket, would prohibit

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