MA S654

Bill

MA S654

To strengthen pharmacy benefit management

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to strengthen pharmacy benefit management. Financial Services.

AI Summary

This bill aims to strengthen the regulation of pharmacy benefit managers (PBMs) in the Commonwealth of Massachusetts. The key provisions of the bill include: 1) Requiring the Commissioner to promulgate regulations for the licensing of PBMs providing services in the Commonwealth, 2) Establishing minimum standards of qualification or accreditation for PBMs, 3) Minimizing actual or potential conflicts of interest, 4) Providing for regular audits of PBM operations and activities, and 5) Establishing a mechanism for the submission, hearing, and disposition of claims of unfair practices by licensed PBMs.

Committee Categories

Business and Industry

Sponsors (1)

Bruce Tarr (R),

Last Action

Accompanied a study order, see S2543 (on 02/18/2020)

Official Document

https://malegislature.gov/Bills/191/S654

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/S654
Bill	https://malegislature.gov/Bills/191/S654.pdf

Bill	Bill Name	Last Action	Type
H1992	Relative to dental licensing exams	Accompanied a new draft, see H4269	Similar To
H211	To establish licensing standards for drain cleaners	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H360	Relative to licensing of liquor retailers	Accompanied a study order, see H5043	Similar To
S1418	Relative to secured firearms on recreational vehicles	Bill reported favorably by committee and referred to the committee on Senate Rules	Similar To
S1422	Relative to change of address for firearm licensing	Accompanied a study order, see S2565	Similar To
S2286	Authorizing the city of Lynn to issue an additional license for the sale of wines and malt beverages not to be drunk on the premises	Accompanied a new draft, see S2354	Similar To
S2543	Order relative to authorizing the joint committee on Financial Services to make an investigation and study of certain current Senate documents relative to financial services issues	Discharged to the committee on Senate Rules	Replaced by
S646	To strengthen pharmacy benefit management	Accompanied a study order, see S2543	Similar To

Bill > S654

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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