Bill Text: NH HB659 | 2019 | Regular Session | Introduced


Bill Title: Relative to reporting of internal pharmaceutical costs.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Introduced) 2019-03-19 - Inexpedient to Legislate: Motion Adopted Voice Vote 03/19/2019 House Journal 10 P. 14 [HB659 Detail]

Download: New_Hampshire-2019-HB659-Introduced.html

HB 659 - AS INTRODUCED

 

 

2019 SESSION

19-0803

01/03

 

HOUSE BILL 659

 

AN ACT relative to reporting of internal pharmaceutical costs.

 

SPONSORS: Rep. Butler, Carr. 7; Rep. Marsh, Carr. 8; Rep. Knirk, Carr. 3

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill requires the insurance commissioner to request data from health carriers regarding prescription drug benefits which are outsourced to a pharmacy benefit manager or similar entity as part of the preparation for the department's annual hearing requirement.

 

This bill is a result of the commission to study greater transparency in pharmaceutical costs and rebate programs established in 2018, 350.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0803

01/03

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT relative to reporting of internal pharmaceutical costs.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Paragraph; Health Coverage; Requested Information.  Amend RSA 420-G:14-a by inserting after paragraph V the following new paragraph:

V-a.  With respect to prescription drug benefits that are outsourced to a pharmacy benefit manager or similar entity, the commissioner shall request and health carriers shall supply information and data, no later than June 30.  The information and data shall include spread amounts between payments to pharmacies and amounts paid to the pharmacy benefit manager by the carrier, drug rebate amounts from drug manufacturers to the pharmacy benefit manager or the carrier, and all administrative fees charged by the pharmacy benefit manager to the carrier, including, but not limited to, fees for wellness or disease management programs, analytic services, and claims processing.  This requirement shall exist whether or not the pharmacy benefit manager or similar entity is affiliated with the carrier.  The carrier may identify information as confidential and the department shall not publish those data on a carrier specific basis.

2  Effective Date.  This act shall take effect 60 days after its passage.

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