Bill > HB1354

This bill aims to regulate pharmacy benefits managers (PBMs), which are third-party administrators that manage prescription drug benefits for health insurance providers. The bill proposes to modify existing laws related to the State and Public School Life and Health Insurance Program and certain health benefit plans offered by governmental entities. While the provided XML text only includes a purpose statement and does not detail the specific provisions, the bill's title and purpose suggest it will introduce new oversight and potentially restrictions on how PBMs operate, with the goal of potentially reducing healthcare costs or improving transparency in prescription drug pricing and management. The bill appears to be focused on addressing issues within the healthcare and insurance systems, specifically targeting the role and practices of pharmacy benefits managers in Arkansas.

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https://arkleg.state.ar.us/Bills/Detail?id=hb1354&ddBienniumSession=2025%2F2025R