Baker Tilly’s life sciences practice helps clients navigate the increasingly complex patchwork of state and local drug pricing laws through our pricing strategy, price reporting and transparency services.

    Price transparency laws

    Some of the most common requirements of price transparency laws include:

    • Notice to payers and other stakeholders prior to introduction of a new product with a WAC above a specific amount
    • Providing commercial details  to regulators for new products with a WAC price that exceeds a specific threshold
    • Reporting detailed information to the state if the WAC price of a product is raised above a specific amount within a certain time period (e.g. 16% or more within two years)