KY HB532 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Republican 28-0)
Status: Introduced on February 22 2021 - 25% progression, died in committee
Action: 2021-03-11 - recommitted to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 22 2021 - 25% progression, died in committee
Action: 2021-03-11 - recommitted to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section of Subtitle 12 of KRS Chapter 304 to prohibit certain practices of pharmacy benefit managers; allow audits of contracts entered with pharmacy benefit managers; require certain disclosures relating to contracts with pharmacy benefit managers; require pharmacy benefit managers to file an annual report with the commissioner of insurance; provide that confidential or proprietary information disclosed to the Department of Insurance shall not be subject to disclosure under the Open Records Act; prohibit pharmacy benefit managers from sharing certain pharmacy records with pharmacy affiliates; authorize the commissioner of insurance to promulgate regulations relating to pharmacy benefit managers; amend KRS 304.17A-708, 304.17A-712, and 304.17A-714 to conform; provide for severability; require the commissioner of insurance to promulgate regulations to implement the Act on or before January 1, 2022; EFFECTIVE, in part, January 1, 2022.
Title
AN ACT relating to pharmacy benefit managers.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-03-11 | House | recommitted to Appropriations & Revenue (H) |
2021-02-26 | House | 2nd reading, to Rules |
2021-02-25 | House | reported favorably, 1st reading, to Calendar with Committee Substitute |
2021-02-23 | House | posted in committee |
2021-02-23 | House | to Health & Family Services (H) |
2021-02-22 | House | to Committee on Committees (H) |
2021-02-22 | House | introduced in House |
Subjects
Administrative Regulations and Proceedings
Drugs and Medicines
Effective Dates, Delayed
Federal Laws and Regulations
Fiscal Note
Insurance, Health
Pharmacists
Reports Mandated
Drugs and Medicines
Effective Dates, Delayed
Federal Laws and Regulations
Fiscal Note
Insurance, Health
Pharmacists
Reports Mandated