Relating to the minimum reimbursement amount for prescription drugs and devices to health benefit plan network pharmacists and pharmacies.

HB 2978 requires pharmacy benefit managers (PBMs) to reimburse network pharmacies for prescription drugs and devices at least the actual cost to the pharmacy, excluding professional dispensing fees from this calculation. It mandates that dispensing fees must be no less than the amount paid under Texas Medicaid's fee-for-service model. The law applies to most health benefit plans but excludes Medicaid, TRICARE, the child health plan, and specific state programs like workers' compensation. Pharmacies can appeal if they believe their reimbursement falls below these standards.