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