HB1123: Pharmacy benefit managers and pharmacy services administrative organizations; provide certain regulations for.

Legislative Summary

An Act To Prohibit Spread Pricing; To Require Each Drug Manufacturer To Submit A Report To The Board Of Pharmacy That Includes The Current Wholesale Acquisition Cost; To Require Such Entities To Provide The Board Of Pharmacy With Various Drug Pricing Information Within A Certain Time; To Require Pharmacy Benefit Managers And Pharmacy Services Administrative Organizations To File A Report With The Board Of Pharmacy; To Require Each Health Insurer To Submit A Report To The Board Of Pharmacy That Includes Certain Drug Prescription Information; To Require The Board Of Pharmacy To Develop A Website To Publish Information Related To The Act; To Prohibit Pharmacy Benefit Managers And Pharmacy Services Administrative Organizations From Retaliating Against Pharmacists Or Pharmacies For Taking Certain Actions; To Authorize The Board Of Pharmacy To Conduct Investigations, Issue Subpoenas, Conduct Audits And Impose A Monetary Penalty For Violations Related To The Act; To Require Pharmacy Benefit Managers And Pharmacy Services Administrative Organizations To Identify Ownership Affiliation Of Any Kind To The Board Of Pharmacy; To Bring Forward Sections 73-21-155, 73-21-156 And 73-21-183, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.