KY SB107 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Passed on March 22 2013 - 100% progression
Action: 2013-03-22 - signed by Governor (Acts Chapter 109)
Text: Latest bill text (Draft #3) [MS Word]

Summary

Create a new section of Subtitle 17A of KRS Chapter 304 to define the terms "contracted pharmacy," "drug product reimbursement," and "pharmacy benefit manager"; require a pharmacy benefit manager to include the methodology used to calculate drug product reimbursements; establish certain requirements when a maximum allowable cost is used to determine a drug product reimbursement, including information identifying the national drug pricing compendia or source used to obtain the drug price, making the list of drugs subject to the MAC, and reviewing and making adjustments to the maximum allowable cost at least once per week; make those weekly updates available to contracted pharmacies; and provide a process for the MAC to be appealed.

Tracking Information

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Title

AN ACT relating to pharmacy benefit managers.

Sponsors


History

DateChamberAction
2013-03-22Senatesigned by Governor (Acts Chapter 109)
2013-03-11Senatedelivered to Governor
2013-03-11Senateenrolled, signed by Speaker of the House
2013-03-07Senateenrolled, signed by President of the Senate
2013-03-07Senatereceived in Senate
2013-03-07House3rd reading, passed 96-0
2013-03-06Houseplaced in the Orders of the Day Thursday, March 7, 2013
2013-03-06Housetaken from Rules
2013-03-06Housereported favorably, 2nd reading, to Rules
2013-03-05Housereturned to Banking & Insurance (H)
2013-03-05House1st reading
2013-03-05Housetaken from Banking & Insurance (H)
2013-03-04Houseposted in committee
2013-03-04Houseto Banking & Insurance (H)
2013-02-28Housereceived in House
2013-02-27Senate3rd reading, passed 37-0 with Committee Substitute
2013-02-27Senateplaced in the Orders of the Day
2013-02-27Senatereported favorably, to Rules with Committee Substitute
2013-02-27Senaterecommitted to Health & Welfare (S)
2013-02-25Senatefloor amendment (2) filed
2013-02-22Senatefloor amendment (1) filed
2013-02-14Senate2nd reading, to Rules
2013-02-13Senatereported favorably, 1st reading, to Calendar
2013-02-12Senatereassigned to Health & Welfare (S)
2013-02-11Senateto Judiciary (S)
2013-02-06Senateintroduced in Senate

Kentucky State Sources


Bill Comments

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