States / Tennessee / HB 1244

HB 1244 Reported from Committee

Insurance, Health, Accident - As enacted, removes the aggregate penalty limits for violations of law concerning pharmacy benefits managers; provides that a pharmacy benefits manager regulated under law relative to pharmacy benefits managers is subject to the insurance laws relative to timely reimbursement of health insurance claims and its requirements for timing of payments to pharmacists; provides that a violation of the prompt pay standards is governed by the penalties set out in insurance laws relative to timely reimbursement of health insurance claims. - Amends TCA Title 56.

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Amendment SA0237 — · 246 words Open full page ↗

Senate Commerce and Labor 1

Amendment No. 1 to SB0881

Bailey

Signature of Sponsor

AMEND Senate Bill No. 881* House Bill No. 1244

by deleting all language after the enacting clause and substituting:

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