Relating to use of a pharmacy benefit manager in which a health benefit plan issuer has a financial interest.

HB 2750 prohibits health benefit plan issuers (like insurance companies or HMOs) with a financial interest in a pharmacy benefit manager (PBM) from requiring people covered by their plans to use that specific PBM. The bill defines "financial interest" as ownership or investment in a PBM and applies to all health plans covering medical/surgical expenses, including individual policies, group plans, and Medicaid programs. It directly affects plan issuers who might have owned or invested in PBMs, preventing them from forcing enrollees to use those PBMs. The law creates a clear rule to avoid conflicts of interest between health plans and the PBMs they financially benefit from.