Pharmacy Benefits Managers - Drug Reimbursement - Reporting Requirements
Sponsor: Justin Ready (District 5)Committee: FinanceSubject: Insurance - HealthStatus: Hearing 2/24 at 1:00 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 (20)
MGA witness listFAV 13FavorableUNF 6UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Majolagbe, Howard | Allentown Discount Pharmacy | Oral |
| FAV | Joseph, Sherine | Baltimore Highlands Pharmacy | Oral |
| FAV | Rowan, Alex | Cedar Lane Pharmacy | Position only |
| FAV | Darj, Elnaz | Chevy Chase Care Pharmacy | Oral |
| FAV | Szot, Diana | Family care pharmacy | Position only |
| FAV | Kini, Deepak | Hillcrest Pharmacy & Compounding | Oral |
| FAV | Sharma, Ajaykumar | Little Acorn Pharmacy | Oral |
| FAV | locklair, caileylobbyist | Maryland Retailers Association | Written (PDF) |
| FAV | Wieland, Tom | Ritchie Pharmacy , Brooklyn Park, Md. | Oral |
| FAV | Akula , Kris | Individual | Position only |
| FAV | Doyle, James | Individual | Position only |
| FAV | Ready, Justin | Individual | Written (PDF) |
| FAV | Senator Ready, Senator Readylegislator | Individual | 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 | Fesche, Camillelobbyist | RWL on behalf of SCI | 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
Cedar Lane PharmacyFAV 1
Family care pharmacyFAV 1
Funk & Bolton, P.A.UNF 1
Johns HopkinsUNF 1
Maryland Dept. of HealthINFO 1
RWLUNF 1
RWL on behalf of SCIUNF 1
Registered lobbyists who testified
FAVlocklair, caileyMaryland Retailers AssociationRegistered for: HPSO Investments LLC, T/A Riverboat on the Potomac; Maryland Retailers Alliance; Maryland Retailers Association
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…
UNFFesche, CamilleRWL on behalf of SCIRegistered for: Ashley, Inc.; Baltimore Symphony Orchestra; Behavioral Framework; Berkshire Hathaway Energy GT&S, LLC; Brewers Association of Maryland; Brown Advisory…