New York state is moving to the forefront of 340B legislation in 2025 and 2026. Lawmakers are considering multiple bills that could significantly impact covered entities, from new reporting obligations to protections for contract pharmacy access. For covered entities, community health centers, and hospitals, these proposals could shape how 340B programs are operated and sustained in the state.
Here are some noteworthy Bills & Outlooks:
Introduced by Assembly member Amanda Septimo on March 18, 2025, this legislation would require all covered entities in New York to file annual public reports detailing how they use and generate 340B savings.
Key reporting requirements beginning April 1, 2026 include:
All reports would be certified by a senior officer and posted on a publicly accessible state website, introducing a new level of accountability and scrutiny.
Impact on covered entities:
This bill would require major data tracking and reporting infrastructure. Entities may need to work closely with TPAs and finance teams to ensure data accuracy. Public posting of reports could also influence how patients, legislators, and advocacy groups view the value of 340B savings.
While transparency is a focus of A.6987, lawmakers are simultaneously moving to protect contract pharmacy access.
What these bills would do:
The legislation, known as the 340B Prescription Drug Anti-Discrimination Act, prohibits manufacturers, PBMs, and other intermediaries from:
Violations could result in civil monetary penalties, with enforcement authority given to the Commissioner of Health, the Department of Education, and the Attorney General’s office.
Impact on covered entities:
If passed, these bills would provide covered entities and patients with stronger legal protections against manufacturer restrictions—helping ensure that 340B drugs remain accessible through local and contract pharmacies.
New York’s proposals highlight a growing national trend: greater transparency paired with stronger protections. For covered entities, this means balancing compliance obligations with advocacy to ensure patients continue to benefit from 340B savings.
At RxTrail, we’ll continue to track these developments and provide updates to help covered entities stay prepared and compliant. If you’d like to schedule a discovery call to explore how these upcoming events might impact your 340B program, our team is here to help.