BILL · 2019–20 SESSION

SB 5422: Pharmacy benefit managers

Regulating pharmacy benefit managers.

Summary

  • Requires a pharmacy benefit manager to: (1) Discharge his or her fiduciary duty to a health carrier client under the provisions of state and federal law; (2) Perform its duties with care, skill, prudence, diligence, and professionalism; (3) Notify a health carrier client of an activity, policy, or practice of the manager that presents a conflict of interest with the imposed duties; and (4) Submit a transparency…

From the Bill Digest (SB 5422), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 2019
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Patty Kuderer (D-48)
Introduced
January 21, 2019 in the Senate
Last action
January 13, 2020
Budget
Has a fiscal note

AN ACT Relating to pharmacy benefit manager regulation;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Health & Long Term Care.

SB 5422 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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