Legislation

Title: Pharmacy Benefits Managers - Drug Reimbursement - Reporting Requirements
Sponsored by: Senator Ready
Status: In the Senate - Hearing 2/24 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring pharmacy benefits managers to file with the Maryland Insurance Commissioner, beginning January 1, 2022, and every 3 months thereafter, a certain report of all drugs appearing on the National Average Drug Acquisition Cost list that were reimbursed during a certain period at an amount below a certain cost plus a certain fee; requiring that the report be made available to the public by the Commissioner; etc.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0709

Bill File Type: Regular

Effective Date(s): October 1, 2021

History

Legislation History
Chamber Senate Calendar Date 1/29/2021 Legislative Date 1/29/2021 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 1/31/2021 Legislative Date 1/31/2021 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Pharmacy Benefits Managers - Drug Reimbursement - Reporting Requirements Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/29/2021	1/29/2021	First Reading Finance
Senate	1/31/2021	1/31/2021	Hearing 2/24 at 1:00 p.m.
			Text - First - Pharmacy Benefits Managers - Drug Reimbursement - Reporting Requirements

File Code

Subjects

Statutes