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Bill > S2462
RI S2462
RI S2462Requires the secretary of the executive office of health and human services to monitor and mandate changes to the price-setting practices of pharmacy benefit managers to prohibit the spread pricing payment model.
summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would require the secretary of the executive office of health and human services (EOHHS) to monitor and mandate changes to the price-setting practices of pharmacy benefit managers to prohibit the spread pricing payment model. This act would take effect upon passage.
AI Summary
This bill requires the Secretary of the Executive Office of Health and Human Services (EOHHS) to oversee and enforce changes in how Pharmacy Benefit Managers (PBMs) set prices, specifically to ban the "spread pricing" payment model. Spread pricing is a practice where a PBM charges a health plan more for a prescription drug than it pays the pharmacy, keeping the difference. The intent of this legislation is to protect Rhode Islanders and the state's Medicaid program from high prescription drug costs by demanding more openness and accountability from PBMs, and this act will become law immediately upon its passage.
Committee Categories
Health and Social Services
Sponsors (10)
Linda Ujifusa (D)*,
Jonathon Acosta (D),
Alana DiMario (D),
Meghan Kallman (D),
Pam Lauria (D),
Tiara Mack (D),
Melissa Murray (D),
Ana Quezada (D),
David Tikoian (D),
Bridget Valverde (D),
Last Action
Introduced, referred to Senate Health and Human Services (on 02/06/2026)
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://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText26/SenateText26/S2462.pdf |
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