SB 742

Bill Subjects

Insurance Regulation Of Professions And Occupations Subject Index

Abstract

Pharmacies and Pharmacy Benefit Managers; Requiring that certain pharmacies be included in managed care plan pharmacy networks; requiring managed care plans to publish the Agency for Health Care Administration’s preferred drug list, rather than any prescribed drug formulary; providing requirements for managed care plans using pharmacy benefit managers; requiring the Office of Insurance Regulation to examine pharmacy benefit managers under certain circumstances; authorizing the Office of Insurance Regulation to suspend or revoke a pharmacy benefit manager’s registration or impose a fine for specified violations, etc.