BILL – SB 742
Topic
Pharmacies and Pharmacy Benefit Managers
Description
Requiring that certain pharmacies be included in managed care plan pharmacy networks; requiring managed care plans to publish the Agency for Health Care Administration’s preferred drug list, rather than any prescribed drug formulary; providing requirements for managed care plans using pharmacy benefit managers; requiring the Office of Insurance Regulation to examine pharmacy benefit managers under certain circumstances; authorizing the Office of Insurance Regulation to suspend or revoke a pharmacy benefit manager’s registration or impose a fine for specified violations, etc.
Introduction Date
2021-11-02
Last Action
2022-01-11: Introduced -SJ 46
Bill Status
Pending: Introduced
