summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Pharmacy freedom of choice; specialty pharmacy benefits. Provides that in no event shall any person receiving a covered specialty pharmacy benefit from a nonpreferred or nonparticipating provider, regardless of whether it has submitted a reimbursement agreement, be responsible for amounts that may be charged by the nonpreferred or nonparticipating provider in excess of the copayment and the insurer's reimbursement applicable to all of its preferred or participating pharmacy providers.
AI Summary
This bill expands patient choice for specialty pharmacy benefits, ensuring that individuals receiving covered specialty pharmacy benefits from a non-preferred or non-participating pharmacy, even if that pharmacy hasn't formally submitted a reimbursement agreement, will not be responsible for costs exceeding their standard copayment and the insurer's reimbursement rate for preferred or participating pharmacies. This provision applies to various types of insurance plans, including preferred provider policies, exclusive provider policies, and health maintenance organization plans, and aims to prevent patients from incurring unexpected out-of-pocket expenses when using pharmacies outside their insurer's preferred network for specialty medications.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Left in Labor and Commerce (on 02/18/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/HB1172 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB1172/text/HB1172 |
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