BILL – SB 1403, HB 145

Title

Pharmacy, Pharmacists – As introduced, lowers from three to two business days the amount of time a pharmacy benefits manager or covered entity has to adjust the maximum allowable cost of a drug or medical product or device to which the maximum allowable cost applies for all similar pharmacies in the network for claims submitted in the next payment cycle after an appealing pharmacy’s appeal is determined to be valid by the pharmacy benefits manager or covered entity. – Amends TCA Title 4; Title 53; Title 56; Title 63; Title 68 and Title 71.

Description

More Information

Last Action

Assigned to General Subcommittee of Senate Commerce and Labor Committee

Last Action Date

2021-04-21

Bill Status

Introduced

Introduction Date

2021-02-11