Good Morning, Brooklyn: Monday, January 3, 2022
PHARMACISTS ANGRY WITH HOCHUL’S VETO OF RESCUE PACKAGE: The Pharmacists Society of the State of New York is unhappy with Gov. Kathy Hochul’s vetoing the centerpiece of the bipartisan Pharmacy Rescue Package. The legislation, (S6603/A7598) which both the State Assembly and Senate had passed in June, would have required more transparency in the operations of pharmacy benefit managers and subjected them to greater regulations. As of press time, the Governor’s Office had not issued a statement explaining Hochul’s veto.
“Pharmacists are devastated by Governor Hochul’s veto of S6603/A7598, which will cost taxpayers tens of millions of dollars a year, endanger millions of New Yorkers and put more community pharmacies out of business while further enriching the Fortune 15 pharmacy benefit managers that already have raked in billions of dollars in record profits off this pandemic,” declared Karl Williams, president of the Pharmacists Society of the State of New York. “We urge the Governor to sign the remaining bills in the Pharmacy Rescue Package immediately and stand ready to support her in honoring her commitment to address this broadly-supported legislation in the 2022 State budget.”
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