Pharmacy Benefits Managers - Drug Reimbursement - Reporting Requirements
Sponsor: Delegate KrebsCommittee: Health and Government OperationsSubject: Insurance - HealthStatus: Hearing 2/10 at 1:30 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Requiring pharmacy benefits managers to file with the Maryland Insurance Commissioner, beginning January 1, 2022, and every 3 months thereafter, a certain report of all drugs appearing on the National Average Drug Acquisition Cost list that were reimbursed during a certain period at an amount below a certain cost plus a certain fee; requiring that the report be made available to the public by the Commissioner; etc.
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Testimony (15)
MGA witness listFAV 8FavorableUNF 6UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Joseph, Sherine | Baltimore Highlands Pharmacy | Oral |
| FAV | Naylin, Darryn | HILLCREST PHARMACY COMPOUNDING Of Elkton | Oral |
| FAV | Kini, Deepak | Hillcrest Pharmacy & Compounding | Oral |
| FAV | locklair, caileylobbyist | Maryland Retailers Association | Written (PDF) |
| FAV | RASMUSSEN, DENNISlobbyist | The Rasmussen Group LLC | Written (PDF) |
| FAV | Delegate Krebs, Delegate Krebslegislator | Individual | Oral |
| FAV | Horton, Aliyahlobbyist | Individual | Position only |
| FAV | Krebs, Susan | Individual | Written (PDF) |
| UNF | Robinson, Kimberlylobbyist | Cigna | Oral |
| UNF | Celentano, Matthewlobbyist | Funk & Bolton, P.A. | Oral |
| UNF | Coble, Annie | Johns Hopkins | Written (PDF) |
| UNF | Cascone, Heatherlobbyist | Pharmaceutical Care Management Association | Oral |
| UNF | Johansen, Michaellobbyist | RWL | Oral |
| UNF | Briemann, Jenniferlobbyist | Individual | Written (PDF) |
| INFO | Bennardi, Maryland Department of Health /Office of Governmen | Maryland Dept. of Health | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVlocklair, caileyMaryland Retailers AssociationRegistered for: HPSO Investments LLC, T/A Riverboat on the Potomac; Maryland Retailers Alliance; Maryland Retailers Association
FAVRASMUSSEN, DENNISThe Rasmussen Group LLCRegistered for: Baltimore Children's Museum, Inc. dba Port Discovery Children's Museum; Chesapeake Renewable Energy, LLC; Chesapeake Ventures Development, LLC; Greater Ocean City Maryland Chamber of Commerce, Inc.; HarborRock Holdings, LLC; Maryland Mortgage Bankers & Brokers Association (MMBBA)…
UNFRobinson, KimberlyCignaRegistered for: CareFirst BlueCross BlueShield; Cigna Corporate Services, LLC
UNFCelentano, MatthewFunk & Bolton, P.A.Registered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers…
UNFCascone, HeatherPharmaceutical Care Management AssociationRegistered for: Pharmaceutical Care Management Association (PCMA)
UNFJohansen, MichaelRWLRegistered for: 1/ST Racing MD LLC; ASC Engineered Solutions; Access Holdings Management Company, LLC; Alterwood Health, Inc.; Ashley, Inc.; Baltimore Streetcar Museum…