Prescription Drug Benefits
Summary
Prescription Drug Benefits; Citing this act as the “Prescription Drug Cost Reduction Act”; providing that pharmacy benefit managers have a fiduciary duty and obligation to specified individuals and entities; requiring group health plans, health insurers, and certain pharmacy benefit managers to base plan beneficiaries’ and insureds’ coinsurance obligations for certain prescription drugs on specified drug prices; providing circumstances under which contracts between health insurers or health maintenance organizations and pharmacy benefit managers are void and against the public policy, etc.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2020
Last action Mar 14, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Jan 14, 2020
Introduced
Introduced
upper
Jan 13, 2020
Committee
Referred to Banking and Insurance; Appropriations Subcommittee on Health and Human Services; Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gayle Harrell
RRepublican
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