VA HB1292 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2020 - 25% progression, died in chamber
Action: 2020-02-04 - Incorporated by Labor and Commerce
Text: Latest bill text (Prefiled) [HTML]

Summary

Health insurance; carrier contracts with pharmacy benefits managers. Prohibits a health insurance carrier from entering into, amending, renewing, or extending a contract with a pharmacy benefits manager unless such contract contains provisions prohibiting the pharmacy benefits manager or his representative from conducting spread pricing with regard to the carrier's health benefit plans. The bill defines "spread pricing" as the model of prescription drug pricing in which the pharmacy benefits manager charges a carrier a contracted price for prescription drugs and the contracted price for the prescription drugs differs from the amount the pharmacy benefits manager directly or indirectly pays the pharmacist or pharmacy for pharmacist services.

Tracking Information

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Title

Health insurance; carrier contracts with pharmacy benefits managers.

Sponsors


History

DateChamberAction
2020-02-04HouseIncorporated by Labor and Commerce
2020-01-30HouseSubcommittee recommends incorporating (HB1290-Hodges) by voice vote
2020-01-16HouseAssigned L & C sub: Subcommittee #2
2020-01-08HouseReferred to Committee on Labor and Commerce
2020-01-08HousePrefiled and ordered printed; offered 01/08/20 20103651D

Same As/Similar To

HB1290 (Similar To) 2020-03-10 - Governor: Acts of Assembly Chapter text (CHAP0219)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3823407.15:5(n/a)See Bill Text

Virginia State Sources


Bill Comments

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