SB316: Revises provisions relating to insurance. (BDR 57-777)
Legislative Summary
AN ACT relating to insurance; requiring health insurers, pharmacy benefit managers and the Commissioner of Insurance to prepare certain reports; expanding the scope of certain provisions relating to pharmacy benefit managers; prohibiting pharmacy benefit managers from engaging in certain practices; requiring pharmacy benefit managers to make certain disclosures; imposing requirements relating to the compensation of pharmacy benefit managers; requiring pharmacy benefit managers to pass certain discounts, incentives, rebates and other fees along to third parties and covered persons; prohibiting insurers from assessing certain cost-sharing obligations in certain circumstances; requiring insurers to credit certain amounts paid by or on behalf of an insured for a prescription drug towards certain obligations of an insured in certain circumstances; providing civil and criminal penalties; and providing other matters properly relating thereto.
Demographic Impact
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Bill History
Amendments
Senate Amendment 190
Senate Amendment 190
Status Information
Sponsors
Primary Sponsor
