Health insurance; carrier contracts with pharmacy benefits managers.
Summary
Health insurance; carrier contracts with pharmacy benefits managers. Prohibits a health insurance carrier from entering into, amending, renewing, or extending a contract with a pharmacy benefits manager unless such contract contains provisions prohibiting the pharmacy benefits manager or his representative from conducting spread pricing with regard to the carrier's health benefit plans. The bill defines "spread pricing" as the model of prescription drug pricing in which the pharmacy benefits manager charges a carrier a contracted price for prescription drugs and the contracted price for the prescription drugs differs from the amount the pharmacy benefits manager directly or indirectly pays the pharmacist or pharmacy for pharmacist services. This bill was incorporated into HB 1290.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2020
Last action Feb 4, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
Jan 30, 2020
Lower · Passed
Subcommittee recommends incorporating (HB1290-Hodges)
lower
Jan 16, 2020
Committee
Assigned L & C sub: Subcommittee #2
lower
Jan 8, 2020
Committee
Referred to Committee on Labor and Commerce
lower
Jan 8, 2020
Introduced
Prefiled and ordered printed; offered 01/08/20 20103651D
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Keith Hodges
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1292
Scope: VA
Hi! I can help you understand HB 1292. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline