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SB 555 (2024)

Revise law on pharmacy benefit managers and rebates

Summary:

Revises various laws related to pharmacy benefit managers. In particular, this bill revises the annual reporting requirement for pharmacy benefits managers regarding pharmaceutical rebates, adding more detail. The bill also revises the percentage of rebates insurers are required to make available to enrollees and increases the fine for noncompliance.

Bill Sponsor:
Kevin Avard
Republican party logo
Status:
HOUSE
Public Hearing Date:
04/30/2024 10:00 am
Public Hearing Location:
LOB Room 302-304
Senate Voting Date:
03/21/2024
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