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WI SB3

WI SB3
Pharmacy benefit managers, prescription drug benefits, and granting rule-making authority. (FE)

summary

Introduced
01/15/2021
In Committee
03/11/2021
Crossed Over
02/16/2021
Passed
03/18/2021
Dead
Signed/Enacted/Adopted
03/29/2021

Introduced Session

2021-2022 Regular Session

Bill Summary

An Act to repeal 40.51 (15m) and 632.86; to renumber 632.865 (1) (a); to renumber and amend 632.865 (1) (c) and 633.01 (4); to amend 40.51 (8), 40.51 (8m), 66.0137 (4), 120.13 (2) (g), 185.983 (1) (intro.), 450.135 (9), 601.31 (1) (w), 601.46 (3) (b), 609.83, 616.09 (1) (a) 2., chapter 633 (title), 633.01 (1) (intro.) and (c), 633.01 (3), 633.01 (5), 633.04 (intro.), 633.05, 633.06, 633.07, 633.09 (4) (b) 2. and 3., 633.11, 633.12 (1) (intro.), (b) and (c), 633.13 (1) and (3), 633.14 (2) (intro.) and (c) 1. and 3. and (3), 633.15 (1) (a), (1m), and (2) (a) 1., 2. and 3. and (b) 1., 633.15 (2) (b) 2. and 633.16; and to create 450.13 (5m), 450.135 (8m), 632.861, 632.865 (1) (ae) and (ak), 632.865 (1) (c) 2., 632.865 (1) (dm), 632.865 (3) to (7), 633.01 (2r), 633.01 (4g), 633.01 (4r), 633.01 (6), 633.15 (2) (b) 1. d. and 633.15 (2) (f) of the statutes; Relating to: pharmacy benefit managers, prescription drug benefits, and granting rule-making authority. (FE)

AI Summary

This bill makes several changes related to pharmacy benefit managers, prescription drug benefits, and grants rule-making authority: - It requires health care coverage plans offered by the state and group insurance board to comply with new provisions related to pharmacy benefit managers and prescription drug benefits. - It creates new requirements for pharmacies, including posting information about generic drug substitution and retail prices of commonly prescribed drugs. - It creates new regulations for pharmacy benefit managers, including requiring them to be licensed, restricting certain practices, and mandating transparency reporting. - It makes various other changes to the laws governing administrators and pharmacy benefit managers, including expanding the commissioner's oversight and enforcement authority. The bill aims to increase transparency and consumer protections related to prescription drug benefits and the role of pharmacy benefit managers in administering those benefits. Key terms like "pharmacy benefit manager," "prescription drug benefit," and "self-insured health plan" are defined or clarified within the bill.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (53)

Joan Ballweg (R)*,  Kathy Bernier (R)*,  Rob Cowles (R)*,  Alberta Darling (R)*,  Jon Erpenbach (D)*,  Mary Felzkowski (R)*,  Dan Feyen (R)*,  André Jacque (R)*,  Chris Larson (D)*,  Howard Marklein (R)*,  Steve Nass (R)*,  Janis Ringhand (D)*,  Roger Roth (R)*,  Jeff Smith (D)*,  Stephen Smith (D)*,  Lena Taylor (D)*,  Van Wanggaard (R)*,  Bob Wirch (D)*,  David Armstrong (R),  Robert Brooks (R),  Rachael Cabral-Guevara (R),  Calvin Callahan (R),  Barbara Dittrich (R),  Cindi Duchow (R),  James Edming (R),  Rick Gundrum (R),  Cody Horlacher (R),  Jesse James (R),  Joel Kitchens (R),  Scott Krug (R),  Mike Kuglitsch (R),  Amy Loudenbeck (R),  Gae Magnafici (R),  Clint Moses (R),  Jeff Mursau (R),  Todd Novak (R),  Kevin Petersen (R),  Jon Plumer (R),  Timothy Ramthun (R),  Jessie Rodriguez (R),  Donna Rozar (R),  Michael Schraa (R),  Ken Skowronski (R),  Pat Snyder (R),  Shae Sortwell (R),  John Spiros (R),  Rob Swearingen (R),  Gary Tauchen (R),  Jeremy Thiesfeldt (R),  Paul Tittl (R),  Travis Tranel (R),  Tyler Vorpagel (R),  Shannon Zimmerman (R), 

Last Action

Published 3-27-2021 (on 03/29/2021)

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