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HB20-1078

Pharmacy Benefit Management Firm Claims Payments

Type Bill
Session 2020 Regular Session

Concerning prescription drug claims submitted by a pharmacy, and, in connection therewith, prohibiting retroactive fees.

Bill Summary:

Beginning January 1, 2021, the act:

  • Prohibits a pharmacy benefit management firm (PBM) from reimbursing a pharmacy in an amount less than the amount that the PBM reimburses any affiliate for the same pharmacy services;
  • Prohibits PBMs from retroactively reducing payment on a clean claim submitted by a pharmacy unless as the result of an audit conducted in accordance with state law; and
  • Requires health insurers that contract with PBMs to ensure that the PBMs are complying with this prohibition.
The division of insurance is authorized to promulgate rules to establish the manner in which carriers and pharmacy benefit management firms are required to show compliance with the act.


(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
04/01/2020 Signed Act PDF
03/16/2020 Final Act PDF
03/12/2020 Rerevised PDF
03/09/2020 Revised PDF
03/09/2020 Reengrossed PDF
02/05/2020 Engrossed PDF
01/08/2020 Introduced PDF
Date Version Documents
01/30/2020 PA1 PDF
Date Version Documents
09/22/2020 FN2 PDF
01/27/2020 FN1 PDF
Date Calendar Motion Vote Vote Document
03/13/2020 Senate Amendments REPASS
44
AYE
18
NO
3
OTHER
Vote record
03/13/2020 Senate Amendments CONCUR
58
AYE
4
NO
3
OTHER
Vote record
02/06/2020 Third Reading BILL
49
AYE
12
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
03/12/2020 Third Reading BILL
24
AYE
10
NO
1
OTHER
Vote record
03/12/2020 Third Reading AMEND (L.010)
34
AYE
0
NO
1
OTHER
Vote record
Date Location Action
04/01/2020 Governor Governor Signed
03/23/2020 Governor Sent to the Governor
03/17/2020 House Signed by the Speaker of the House
03/17/2020 Senate Signed by the President of the Senate
03/13/2020 Senate House Considered Senate Amendments - Result was to Concur - Repass
03/12/2020 Senate Senate Third Reading Passed with Amendments - Floor
03/10/2020 Senate Senate Third Reading Laid Over Daily - No Amendments
03/09/2020 Senate Senate Second Reading Passed with Amendments - Floor
03/04/2020 Senate Senate Committee on Health & Human Services Refer Unamended to Senate Committee of the Whole
02/10/2020 Senate Introduced In Senate - Assigned to Health & Human Services
02/06/2020 House House Third Reading Passed - No Amendments
02/05/2020 House House Second Reading Passed with Amendments - Committee, Floor
02/03/2020 House House Second Reading Laid Over Daily - No Amendments
01/29/2020 House House Committee on Health & Insurance Refer Amended to House Committee of the Whole
01/08/2020 House Introduced In House - Assigned to Health & Insurance

Sponsor

Co-Sponsor