2025 Regular SessionMaryland Legislature

SB438: Pharmacy Benefits Administration - Maryland Medical Assistance Program and Pharmacy Benefits Managers

Legislative Summary

Altering the reimbursement levels for drug products that the Maryland Medical Assistance Program is required to establish and that pharmacy benefits managers that contract with a pharmacy on behalf of a managed care organization are required to reimburse the pharmacy; and altering the definition of "purchaser" for purposes of certain provisions of law regulating pharmacy benefits managers to include certain insurers, nonprofit health service plans, and health maintenance organizations.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/22/2025
First Reading Finance
Senate
1/27/2025
Hearing 2/12 at 1:00 p.m.
Senate

Status Information

Current Status
Introduced(1/22/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Democrat: 1

Primary Sponsor

Clarence Lam
Clarence Lam
Democrat

Documents

Introduced
Bill Text1/22/202597.3 KB