summary
Introduced
01/17/2017
01/17/2017
In Committee
02/08/2017
02/08/2017
Crossed Over
01/22/2017
01/22/2017
Passed
02/11/2017
02/11/2017
Dead
Signed/Enacted/Adopted
01/29/2017
01/29/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO PHARMACEUTICALS; ENACTING A SECTION OF THE PHARMACY BENEFITS MANAGER REGULATION ACT TO BAN CERTAIN FEES.
AI Summary
This bill seeks to enact a new section of the Pharmacy Benefits Manager Regulation Act to ban certain fees that pharmacy benefits managers (PBMs) can charge pharmacists or pharmacies. Specifically, the bill prohibits PBMs from charging fees related to the receipt, processing, development, or management of claims or claim processing/adjudication networks. The provisions of the bill apply to contracts executed or renewed on or after June 16, 2017, but do not affect the terms of contracts entered into or renewed before that date.
Committee Categories
Business and Industry, Justice, Transportation and Infrastructure
Sponsors (1)
Last Action
[LD 13] Signed by the Governor - Chapter 16 (on 01/29/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=122&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/HB0122.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0122.pdf |
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