HB 961 (2020) -  Prescription Drug Benefits

by Toledo and Fine (CO-SPONSORS) Beltran; Brown; Eskamani; Geller; Goff-Marcil; Killebrew; Mercado; Sabatini; Santiago; Sirois; Slosberg; Smith, C.
Provides pharmacy benefit managers have fiduciary duty to specified individuals & entities; provides requirements for services performance, contracts, specified funds, & maximum allowable cost lists; requires pharmacy benefit managers to allow payors access to specified records; requires income & financial benefits to be passed through to payors; requires DFS to investigate violations; requires group health plans, health insurers, & pharmacy benefit managers to base plan beneficiaries' & insureds' coinsurance obligations for prescription drugs on specified drug prices.
Effective Date: January 1, 2021
Last Event: Died in Health Market Reform Subcommittee on Saturday, March 14, 2020 12:00 AM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Health Market Reform Subcommittee Time: 03/14/2020 - 12:00 AM Member: Committee: Health Market Reform Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Now in Health Market Reform Subcommittee Time: 01/03/2020 - 1:08 PM Member: Committee: Health Market Reform Subcommittee Version: __
Event: H Referred to Health & Human Services Committee Time: 01/03/2020 - 1:08 PM Member: Committee: Health & Human Services Committee Version: __
Event: H Referred to Appropriations Committee Time: 01/03/2020 - 1:08 PM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Health Market Reform Subcommittee Time: 01/03/2020 - 1:08 PM Member: Committee: Health Market Reform Subcommittee Version: __
Event: H Filed Time: 12/16/2019 - 10:39 AM Member: Toledo Committee: Version: __