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Bill > S593


MA S593

To strengthen pharmacy benefit management


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to strengthen pharmacy benefit management. Financial Services.

AI Summary

This bill aims to strengthen the regulation of pharmacy benefit managers (PBMs) in the Commonwealth of Massachusetts. It requires the commissioner to promulgate regulations for the licensing of PBMs, which would include provisions to set minimum qualification standards, minimize conflicts of interest, provide for regular audits of PBM operations, and establish a mechanism for addressing claims of unfair practices by licensed PBMs.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see S2496 (on 04/30/2018)

bill text


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