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MD HB813

MD HB813
Maryland Insurance Administration and Maryland Department of Health - Workgroup to Study Pharmacy Benefits Managers


summary

Introduced
01/29/2025
In Committee
04/04/2025
Crossed Over
03/13/2025
Passed
04/07/2025
Dead
Signed/Enacted/Adopted
05/20/2025

Introduced Session

2025 Regular Session

Bill Summary

Requiring the Maryland Insurance Administration and the Maryland Department of Health, in consultation with the Prescription Drug Affordability Board, to convene a workgroup to study and review reimbursement for pharmacists; and requiring the workgroup to submit an interim report by December 31, 2025, and a final report on their findings and recommendations to certain committees of the General Assembly by December 31, 2026.

AI Summary

This bill requires the Maryland Insurance Administration and the Maryland Department of Health, in collaboration with the Prescription Drug Affordability Board, to establish a comprehensive workgroup to study pharmacy reimbursement and related issues. The workgroup will include diverse stakeholders from the healthcare and pharmaceutical industries, and is tasked with conducting an in-depth review of several key areas: pharmacy benefits management practices, reimbursement structures, specialty drug definitions, ERISA (Employee Retirement Income Security Act) regulatory exemptions, and pharmacy contracting costs. Specifically, the workgroup will examine existing Maryland Medical Assistance Program requirements, compare pharmacy benefits services across different states, analyze potential cost-saving measures, review specialty drug classifications, and investigate current state laws regarding pharmacy benefit managers. The group is required to submit an interim report by December 31, 2025, and a final report by December 31, 2026, to the Senate Finance Committee and the House Health and Government Operations Committee, offering insights and recommendations to potentially improve pharmacy reimbursement and drug pricing transparency. The bill is set to take effect on June 1, 2025, and represents a significant effort to understand and potentially reform pharmacy benefits management practices in Maryland.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (24)

Last Action

Approved by the Governor - Chapter 730 (on 05/20/2025)

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