Health insurance; carrier contracts with pharmacy benefits managers. (HB1292)

Introduced By

Del. Keith Hodges (R-Urbanna)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

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. Read the Bill »

Status

02/04/2020: Incorporated into Another Bill

History

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed; offered 01/08/20 20103651D
01/08/2020Referred to Committee on Labor and Commerce
01/16/2020Assigned L & C sub: Subcommittee #2
01/22/2020Impact statement from SCC (HB1292)
01/30/2020Subcommittee recommends incorporating (HB1290-Hodges)
02/04/2020Incorporated by Labor and Commerce (HB1290-Hodges)

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