Last Action | signed by Governor (Acts Chapter 109) |
---|---|
Title | AN ACT relating to pharmacy benefit managers. |
Bill Documents |
Bill
|
Bill Request Number | 863 |
Sponsors | J. Denton, W. Blevins Jr., D. Harper Angel, J. Higdon, J. Rhoads, J. Turner |
Summary of Original Version | 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. |
Index Headings of Original Version |
Drugs and Medicines - Pharmacy benefit managers, requirements for Health and Medical Services - Pharmacy benefit managers, requirements for Hospitals and Nursing Homes - Pharmacy benefit managers, requirements for Pharmacists - Pharmacy benefit managers, requirements for Physicians and Practitioners - Pharmacy benefit managers, requirements for |
Proposed Amendments |
Senate Committee Substitute 1 Senate Floor Amendment 1 Senate Floor Amendment 2 |
Votes | Vote History |
02/06/13 |
|
---|---|
02/11/13 |
|
02/12/13 |
|
02/13/13 |
|
02/14/13 |
|
02/22/13 |
|
02/25/13 |
|
02/27/13 |
|
02/28/13 |
|
03/04/13 |
|
03/05/13 |
|
03/06/13 |
|
03/07/13 |
|
03/11/13 |
|
03/22/13 |
|
Amendment | Senate Committee Substitute 1 |
---|---|
Summary | Delete original provisions; create a new section of Subtitle 17A of KRS Chapter 304 to define terms, including the definition of "contracted pharmacy" that requires that the contracted pharmacy be located in Kentucky; require contracts between PBMs and pharmacies to include sources used by the PBM to calculate the drug product reimbursement; require a process that will appeal, investigate, and resolve disputes; specify length of time to raise an appeal and to investigate and resolve it; require that the national drug code of a drug that can be purchased by the contracted pharmacy at or below the MAC cost be provided when an appeal is denied, require that a process for retroactive reimbursements be included in PBM and pharmacy contracts within one year; require the PBM to include national drug pricing compendia or sources used to obtain drug price data when a MAC is established for a drug; require the drugs subject to MAC and the MAC for each drug be provided to each contracted pharmacy; require review and necessary adjustments to the MAC at least every 14 days; require weekly updates to the list of drugs subject to the MAC. |
Index Headings |
Drugs and Medicines - Pharmacy benefit managers, requirements for Health and Medical Services - Pharmacy benefit managers, requirements for Hospitals and Nursing Homes - Pharmacy benefit managers, requirements for Pharmacists - Pharmacy benefit managers, requirements for Physicians and Practitioners - Pharmacy benefit managers, requirements for |
Amendment | Senate Floor Amendment 1 |
---|---|
Sponsor | J. Denton |
Summary | Retain original provisions, except remove the requirement to disclose the methodology to determine the MAC, extend the requirement to review the MAC to once every two weeks, require appeals to be completed within 10 days, and require that the national drug code of a drug that can be purchased by the contracted pharmacy at or below the MAC cost be provided when an appeal is denied. |
Index Headings |
Drugs and Medicines - Pharmacy benefit managers, requirements for Health and Medical Services - Pharmacy benefit managers, requirements for Hospitals and Nursing Homes - Pharmacy benefit managers, requirements for Pharmacists - Pharmacy benefit managers, requirements for Physicians and Practitioners - Pharmacy benefit managers, requirements for |
Amendment | Senate Floor Amendment 2 |
---|---|
Sponsor | J. Higdon |
Summary | Retain original provisions, except remove the requirement to disclose the methodology to determine the MAC; extend the requirement to review the MAC to once every two weeks; require appeals to be completed within 10 days; require that the national drug code of a drug that can be purchased by the contracted pharmacy at or below the MAC cost be provided when an appeal is denied. |
Index Headings |
Drugs and Medicines - Pharmacy benefit managers, requirements for Health and Medical Services - Pharmacy benefit managers, requirements for Hospitals and Nursing Homes - Pharmacy benefit managers, requirements for Pharmacists - Pharmacy benefit managers, requirements for Physicians and Practitioners - Pharmacy benefit managers, requirements for |
Last updated: 8/27/2019 7:53 PM (EDT)