SB0952 (CH0363)

Find a 2014 Bill:

2014 Regular Session



Pharmacy Benefits Managers - Pharmacy Contracts - Maximum Allowable Cost Pricing

Sponsored by:

Senator Astle


Approved by the Governor - Chapter 363

Synopsis:Requiring a pharmacy benefits manager to include, in each contract with a contracted pharmacy, the sources used to determine maximum allowable cost pricing; requiring the pharmacy benefits manager to update its pricing information with a specified frequency and provide a means by which contracted pharmacies may review pricing updates in a specified format; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Astle
Additional Facts:Cross-filed with: HB0793
Bill File Type: Regular
Effective Date(s): January 1, 2015
Finance   View Committee HearingHealth and Government Operations   View Committee Hearing
Broad Subject(s):Insurance - Health
Narrow Subject(s):Appeals -see also- Judicial Review
Contracts -see also- Land Installment Contracts; Procurement
Drugs -see also- Controlled Dangerous Sub; Substance Abuse
Equipment -see also- Motor Vehicle Equipment
Health Insurance -see also- HMOS; Managed Care Organizations
Pharmacy Benefits Managers
Pharmacists and Pharmacies
Prices -see also- Consumer Price Index
Reimbursement Rates

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 1:57 P.M.