Health insurance; carrier contracts with pharmacy benefits managers. (HB1659)

Introduced By

Del. Chris Head (R-Roanoke)

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 reimbursing a pharmacy or pharmacist an amount less than the amount that the pharmacy benefits manager reimburses a pharmacy benefits manager affiliate for providing the same pharmacist services, calculated on a per-unit basis using the same product identifier or code number and reflecting all drug manufacturer's rebates, direct and indirect administrative fees, and costs and any remuneration. The bill applies to contracts entered into, amended, renewed, or extended on and after July 1, 2021. This bill was incorporated into HB 1290. Read the Bill »

Status

02/04/2020: Incorporated into Another Bill

History

DateAction
01/17/2020Committee
01/17/2020Presented and ordered printed 20103662D
01/17/2020Referred to Committee on Labor and Commerce
01/21/2020Assigned L & C sub: Subcommittee #2
01/27/2020Impact statement from SCC (HB1659)
01/30/2020Subcommittee recommends incorporating (HB1290-Hodges)
02/04/2020Incorporated by Labor and Commerce (HB1290-Hodges)

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