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Bill > SB20


KS SB20

KS SB20
Enacting the Kansas consumer prescription protection and accountability act and providing for regulation and registration of pharmacy benefits managers.


summary

Introduced
01/16/2025
In Committee
02/27/2025
Crossed Over
02/19/2025
Passed
04/09/2026
Dead
Signed/Enacted/Adopted
04/09/2026

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning insurance; enacting the Kansas consumer prescription protection and accountability act; providing for the regulation of pharmacy benefits managers; requiring the registration of auditing entities; establishing procedures and requirements for the conduct of pharmacy audits, pharmacy benefits manager reporting and examinations; amending K.S.A. 40-222 and 40-3831 and K.S.A. 2025 Supp. 40-202, 40-3821, 40-3822, 40-3823, 40-3824, 40-3825, 40-3826, 40-3827 and 40-3828a and repealing the existing sections; also repealing K.S.A. 40-3828, 65- 16,121, 65-16,122, 65-16,123, 65-16,124, 65-16,125 and 65-16,126 and K.S.A. 2025 Supp. 40-3829 and 40-3830.

AI Summary

This bill, titled the Kansas Consumer Prescription Protection and Accountability Act, establishes regulations for pharmacy benefits managers (PBMs), which are entities that manage prescription drug benefits on behalf of health plans. Key provisions include requiring PBMs to register with the commissioner of insurance, detailing procedures for pharmacy audits to ensure fairness and transparency, and mandating that PBMs report financial information related to rebates and reimbursements. The bill also sets standards for how PBMs reimburse pharmacies, prohibiting certain practices like charging back pharmacies for clerical errors or using extrapolation to calculate penalties, and requires PBMs to pass on rebates to health plans or covered individuals. Furthermore, it grants the commissioner authority to examine PBMs for compliance and outlines penalties for violations, including fines and license suspension or revocation. The act also amends existing laws to reflect these new regulations and repeals several outdated sections.

Committee Categories

Business and Industry

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Financial Institutions and Insurance (Senate)

Last Action

Senate Approved by Governor on Thursday, April 9, 2026 (on 04/09/2026)

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