SB 1444: Prescription Drug Benefits
GENERAL BILL by Harrell ; (CO-INTRODUCERS) Mayfield
Prescription Drug Benefits; Citing this act as the “Prescription Drug Cost Reduction Act”; providing that pharmacy benefit managers have a fiduciary duty and obligation to specified individuals and entities; requiring group health plans, health insurers, and certain pharmacy benefit managers to base plan beneficiaries’ and insureds’ coinsurance obligations for certain prescription drugs on specified drug prices; providing circumstances under which contracts between health insurers or health maintenance organizations and pharmacy benefit managers are void and against the public policy, etc.
Effective Date: 1/1/2021
Last Action: 3/14/2020 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 3/14/2020 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations Subcommittee on Health and Human Services (AHS)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/6/2020 | Senate |
• Filed |
| 1/13/2020 | Senate |
• Referred to Banking and Insurance; Appropriations Subcommittee on Health and Human Services; Appropriations -SJ 107 |
| 1/14/2020 | Senate |
• Introduced -SJ 106 |
| 3/14/2020 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Banking and Insurance |
