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

No Amendments Found.