Medical assistance services; managed care organization contracts with pharmacy benefits managers. (SB568)

Introduced By

Sen. Siobhan Dunnavant (R-Henrico)

Progress

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

Description

Medical assistance services; managed care organization contracts with pharmacy benefits managers; spread pricing. Requires the Department of Medical Assistance Services to require a managed care organization with which the Department enters into an agreement for the delivery of medical assistance services to include in any agreement between the managed care organization and a pharmacy benefits manager provisions prohibiting the pharmacy benefits manager or a representative of the pharmacy benefits manager from conducting spread pricing with regard to the managed care organization's managed care plans. The bill defines "spread pricing" as the model of prescription drug pricing in which the pharmacy benefits manager charges a managed care plan 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. The bill applies to agreements entered into, amended, extended, or renewed on or after January 1, 2021. Read the Bill »

Status

02/14/2020: In Committee

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20101952D
01/07/2020Referred to Committee on Education and Health
01/17/2020Assigned Education sub: Health
01/28/2020Impact statement from DPB (SB568)
02/06/2020Reported from Education and Health with substitute (15-Y 0-N) (see vote tally)
02/06/2020Committee substitute printed 20107311D-S1
02/06/2020Rereferred to Finance and Appropriations
02/06/2020Reported from Finance and Appropriations (16-Y 0-N) (see vote tally)
02/07/2020Impact statement from DPB (SB568S1)
02/10/2020Constitutional reading dispensed (36-Y 0-N) (see vote tally)
02/11/2020Read second time
02/11/2020Reading of substitute waived
02/11/2020Committee substitute agreed to 20107311D-S1
02/11/2020Engrossed by Senate - committee substitute SB568S1
02/11/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (39-Y 0-N) (see vote tally)
02/11/2020Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (40-Y 0-N) (see vote tally)
02/14/2020Placed on Calendar
02/14/2020Read first time
02/14/2020Referred to Committee on Health, Welfare and Institutions

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