Establishes certain requirements for pharmacy benefit managers, other than health maintenance organizations that own and operate their own pharmacies, that reimburse contracting pharmacies for drugs on a maximum allowable cost basis. Allows contracting pharmacies to reverse and rebill claims if a maximum allowable cost is denied on appeal. Authorizes the Insurance Commissioner to assess fines for violations. Appropriates funds. Effective 7/1/3000. (HD2)
- Chamber
- Senate
- Introduced
- Jan 14, 2026
- Last action
- Jan 14, 2026 — Pending Introduction.
- Session
- 2026
- Momentum
- 70 · High