2002 Regular Session

HOUSE BILL 761

File Code: Insurance - Health
Sponsored By:
Delegate Goldwater
Entitled:
Pharmacy Benefit Management Regulation Act

Synopsis:

Requiring a pharmacy benefit management company or PBM to obtain a certificate of authority from the State Board of Pharmacy before the PBM is established or operates in the State; providing for the term of the certificate of authority; authorizing the Board to suspend or revoke a certificate of authority or deny an application under specified circumstances; requiring a PBM to obtain a license from the Insurance Commissioner to do business in the State; requiring the license applicant to file a specified application and pay a fee; etc.

History by Legislative Date

House Action
2/6
First Reading Economic Matters
Hearing 2/13 at 1:00 p.m.
3/21
Unfavorable Report by Economic Matters
Senate Action
No Action
Bill indexed under the following Subjects:
ASSESSMENTS
BANKRUPTCY
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCRIMINATION -see also- SEX DISCRIMINATION
DRUGS -see also- CONTROLLED DANGEROUS SUB; SUBSTANCE ABUSE
ESCROW ACCOUNTS
FEES -see also- DEVELOPMENT FEES AND TAXES
HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS
HEALTH MAINTENANCE ORGANIZATIONS -see also- MAN CARE ORGS
HEARINGS
INSURANCE ADMINISTRATION
INTERSTATE AFFAIRS
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
NOTICES
PENALTIES
PHARMACISTS
PRIVACY
REPORTS
Bill affects the following Statutes:
Insurance
( 14-501 , 14-502 , 14-503 , 14-504 , 14-505 , 14-506 , 14-507 , 14-508 , 14-509 , 14-510 , 14-511 , 14-512 , 14-513 , 14-514 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered