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2018 Regular Session



Pharmacy Benefits Managers - Revisions

Sponsored by:

Senator Mathias


Vetoed by the Governor (Duplicative)

Synopsis:Authorizing the Maryland Insurance Commissioner to require any additional information from a pharmacy benefits manager that may be reasonably necessary to verify information in a certain application; requiring a pharmacy benefits manager to establish a certain process by which a certain pharmacy has access to certain maximum allowable cost price lists in an electronic format; requiring a pharmacy benefits manager to use updated pricing information in calculating payments made to all contracted pharmacies; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Mathias, Astle, Benson, Feldman, Hershey, Klausmeier, Middleton, Reilly, and Rosapepe
Additional Facts:Cross-filed with: HB1349
Bill File Type: Regular
Effective Date(s): June 1, 2018
Finance  View Committee HearingHealth and Government Operations  View Committee Hearing
Broad Subject(s):Insurance - Health
Narrow Subject(s):Appeals -see also- Judicial Review
Attorneys' Fees
Beneficiaries -see also- Estates and Trusts
Circuit Courts
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Communications -see also- Electronic Comm; Language; Telecom
Contracts -see also- Land Installment Contracts; Procurement
Counties -see also- Chartered Counties; Code Counties
Drugs -see also- Controlled Dangerous Sub; Substance Abuse
Electronic Communication -see also- Comm; Elec.Gov; Lang; Te
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Fines -see also- Penalties and Sentences
Insurance Administration
Investigations and Inquiries -see also- Crim Bckgrnd Invest
Pharmacy Benefits Managers
Pharmacists and Pharmacies
Prices -see also- Consumer Price Index
Records -see also- Land Records; Vital Records
Statutes:Article - Insurance
(15-1604, 15-1605, 15-1607, 15-1628.1, 15-1642, 15-1611)

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April 4, 2018 8:57 A.M.