On April 24, 2023, the House Health & Human Services Committee unanimously passed HB 1500 relating to prescription drugs. The bill was Heard on second reading by the full House on Monday, May 1, 2023, and is scheduled for final vote on Tuesday, May 2. The Senate Companion, SB 1550, is in House Messages.
This legislation addresses the transparency of a manufacturer’s prescription drug price increases above certain thresholds. The bills also establish regulations concerning the relationships between pharmacy benefit managers, pharmacy benefits plans and programs, and pharmacy providers for delivering pharmacy services to covered persons.
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