SB 680
Regulates pharmacy benefits managers
Sponsor:
LR Number:
2580S.01I
Last Action:
4/24/2007 - Voted Do Pass S Seniors, Families and Public Health Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2007

Current Bill Summary

SB 680 - This act regulates pharmacy benefits managers who are third party administrators of prescription drug programs primarily responsible for processing and paying prescription drug claims. This individual acts as a fiduciary for pharmacies and pharmacists.

The act outlines audit procedures, reimbursement procedures and contract and disclosure requirements.

This act is identical to HB 544 (2007).

CHRIS HOGERTY

Amendments