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Glossary of Legislative Terms

SB 742: Pharmacies and Pharmacy Benefit Managers

GENERAL BILL by Rodriguez

Pharmacies and Pharmacy Benefit Managers; Requiring that certain pharmacies be included in managed care plan pharmacy networks; requiring managed care plans to publish the Agency for Health Care Administration’s preferred drug list, rather than any prescribed drug formulary; providing requirements for managed care plans using pharmacy benefit managers; requiring the Office of Insurance Regulation to examine pharmacy benefit managers under certain circumstances; authorizing the Office of Insurance Regulation to suspend or revoke a pharmacy benefit manager’s registration or impose a fine for specified violations, etc.

Effective Date: Upon becoming a law
 Last Action: 3/14/2022 Senate - Died in Banking and Insurance, companion bill(s) passed, see HB 357 (Ch. 2022-200)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Health Policy (HP)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    11/2/2021 Senate • Filed
    11/16/2021 Senate • Referred to Banking and Insurance; Health Policy; Appropriations -SJ 47
    1/11/2022 Senate • Introduced -SJ 46
    3/12/2022 Senate • Indefinitely postponed and withdrawn from consideration
    3/14/2022 Senate • Died in Banking and Insurance, companion bill(s) passed, see HB 357 (Ch. 2022-200)

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  • SB 742, Original Filed Version (Current Bill Version) Posted 11/2/2021 at 11:27 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 357 (er) Pharmacies and Pharmacy Benefit Managers Toledo Compare Last Action: 6/21/2022 Chapter No. 2022-200 Track This Bill
    S 1476 Prescription Drug Coverage Wright Compare Last Action: 3/3/2022 S Laid on Table, companion bill(s) passed, see HB 357 (Ch. 2022-200) -SJ 551 Track This Bill

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    409.967 Managed care plan accountability. Page 3 (pdf)
    409.973 Benefits. Page 5 (pdf)
    409.975 Managed care plan accountability. Page 6 (pdf)
    465.1885 Pharmacy audits; rights. Page 12 (pdf)
    624.3161 Market conduct examinations. Page 10 (pdf)
    624.490 Registration of pharmacy benefit managers. Page 11 (pdf)
    624.491 Page 12 (pdf)
    627.6131 Payment of claims. Page 15 (pdf)
    627.64741 Pharmacy benefit manager contracts. Page 17 (pdf)
    627.6572 Pharmacy benefit manager contracts. Page 18 (pdf)
    627.6699 Employee Health Care Access Act. Page 20 (pdf)
    641.314 Pharmacy benefit manager contracts. Page 20 (pdf)
    641.3155 Prompt payment of claims. Page 21 (pdf)

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