Insurance, Health, Accident - As introduced, directs the commissioner of commerce and insurance to publish and submit to the general assembly on or before October 1, 2026, a report containing data on alleged statutory violations by pharmacy benefits managers during the previous fiscal year for failing to meet requirements for timely reimbursements to pharmacies; the report must include data on the number of alleged violations reported, the commissioner's findings from any ensuing investigations, and any penalties imposed for findings of violations. - Amends TCA Title 56, Chapter 7, Part 31 and Title 56, Chapter 7, Part 32.
HB 1955 requires Tennessee's Commissioner of Commerce and Insurance to publish an annual report by October 1, 2026, detailing alleged violations by pharmacy benefits managers (PBMs) related to delayed reimbursements to pharmacies. The report must include the total number of reported violations, findings from investigations, and penalties imposed for confirmed violations under existing law (TCA §56-7-3124). This directly affects PBMs operating in Tennessee, as they must comply with reimbursement timelines, and pharmacies that may receive delayed payments. The bill mandates transparency by documenting enforcement actions without creating new penalties. The report will be submitted to the General Assembly and made publicly available.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Feb 18, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
2
Feb 4, 2026
Committee
P2C, ref. to Insurance Committee
lower
Feb 4, 2026
Committee
Assigned to s/c Insurance Subcommittee
lower
Feb 2, 2026
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Esther Helton-Haynes
RRepublican
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