MS SB2446 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2016 - 100% progression
Action: 2016-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 73-21-153, Mississippi Code Of 1972, To Include New Definitions In The Pharmacy Prompt Pay Act; To Create New Sections 73-21-161, 73-21-163 And 73-21-165, Mississippi Code Of 1972, To Add New Provisions To The Pharmacy Prompt Pay Act To Prohibit A Pharmacy Benefit Manager From Reimbursing A Network Pharmacy Or Pharmacist In The State An Amount Less Than The Amount That The Pharmacy Benefit Manager Reimburses A Pharmacy Owned Or Operated By The Pharmacy Benefit Manager, A Pharmacy Benefit Manager, Or A Pharmacy Benefit Manager Affiliate, For Dispensing Multisource Generic Drug Prescriptions; To Provide That A Network Pharmacy Or Pharmacist May Decline To Provide A Multisource Generic Drug, Or Service, If The Network Pharmacy Or Pharmacist Is Paid Less Than That Network Pharmacy's Acquisition Cost For The Product; To Provide That A Network Pharmacy Or Its Contracting Representative Shall Be Provided With A Minimum Of Sixty Days To Respond To Any New Pharmacy Benefit Manager Contract, Contract Renewal, Amendment Or Addendum To An Existing Contract; To Provide That The State Board Of Pharmacy Shall Have Enforcement Authority Over The Provisions Of Those New Sections, And Authorize The Board To Impose A Monetary Penalty On Pharmacy Benefit Managers For Noncompliance With The Provisions Of Those Sections; To Amend Section 73-21-151, Mississippi Code Of 1972, To Conform To The Preceding Provisions; To Amend Section 73-21-159, Mississippi Code Of 1972, To Conform To The Preceding Provisions And To Delete The Repealer On The Section; And For Related Purposes.

Tracking Information

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Title

Pharmacy Prompt Pay Act; revise definitions and provide standards for pharmacy benefit managers.

Sponsors


History

DateChamberAction
2016-02-23SenateDied In Committee
2016-02-08SenateReferred To Public Health and Welfare

Mississippi State Sources


Bill Comments

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