Bill > HF2714

This bill modifies provisions related to pharmacy benefit manager (PBM) procurement, technology platform requirements, and data protection for state vendor contracts. The bill updates how the state commissioner of management and budget will procure PBM services, introducing flexibility for future procurement approaches. It establishes detailed requirements for a technology platform that will support the PBM procurement process, including capabilities for conducting online reverse auctions, automatically adjudicating prescription drug claims, and collecting pharmacy reimbursement data. The technology platform must meet specific technical and security standards, such as Service Organization Control 2 (SOC 2) and National Institute of Standards and Technology certifications. The bill also prohibits awarding the technology platform contract to PBMs or their affiliates and mandates strict data protection measures, including preventing unauthorized data access, prohibiting data sales, and restricting data dissemination to only what is authorized by law or contract. Additionally, the bill requires the commissioner to perform annual market checks on PBM services and allows for a separate vendor to perform line-by-line claim reviews to ensure contract compliance. These changes aim to enhance transparency, competition, and efficiency in the state's pharmacy benefit management procurement process.

Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2714&ssn=0&y=2025