Relating to pharmacy benefit managers.
Summary
Requires pharmacy benefit manager to amend contract with pharmacy or pharmacy services administrative organization or take other steps to adjust reimbursement paid to pharmacy or pharmacy services administrative organization to take into account costs incurred from new taxes or fees. Prohibits pharmacy benefit manager from taking retaliatory action against pharmacy or pharmacy services administrative organization. Requires insurers to submit for review by Department of Consumer and Business Services contracts with pharmacy benefits managers and reimbursement paid by pharmacy benefit manager to ensure reimbursement is sufficient to enlist enough pharmacies for insurer to meet network adequacy standards.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2021
Last action Jun 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Jun 27, 2021
Lower · Passed
In committee upon adjournment.
lower
Apr 9, 2021
Committee
Referred to Revenue by order of Speaker.
lower
Apr 9, 2021
Committee
Without recommendation as to passage and be referred to Revenue.
lower
Jan 20, 2021
Committee
Referred to Health Care.
lower
Jan 11, 2021
Introduced
First reading. Referred to Speaker's desk.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Nancy Nathanson
DDemocratic
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