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SB 690

Did not advanceCrossfile HB 1014
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Pharmacy Benefits Managers - Definitions of Carrier, ERISA, and Purchaser

Sponsor: Justin Ready (District 5)Committee: FinanceSubject: Business Occupations and ProfessionsStatus: Hearing 3/16 at 1:00 p.m. (as of Nov 15, 2022)

What this bill does

Official synopsis

Repealing the definitions of 'carrier' and 'ERISA' and altering the definition of 'purchaser' for the purpose of applying certain provisions of State insurance law governing pharmacy benefits managers to certain persons that provide prescription drug coverage or benefits in the State through plans or programs subject to ERISA; and repealing a certain provision that restricts applicability of certain provisions of law to pharmacy benefits managers that provide pharmacy benefits management services on behalf of a carrier.

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Testimony (11)

MGA witness list
FAV 6FavorableFWA 1Favorable with amendmentsUNF 4Unfavorable
PositionWitnessOrganizationTestimony
FAVO'Connor, PatriciaMaryland Office of the Attorney General, Health Education and Advocacy Unit (HEAU)Written (PDF)
FAVHorton, AliyahlobbyistMaryland Pharmacists AssociationOral
FAVReady, JustinMaryland State SenateWritten (PDF)
FAVRASMUSSEN, DENNISlobbyistThe Rasmussen Group LLCWritten (PDF)
FAVDoyle, JamesIndividualOral + Written (PDF)
FAVSenator Ready, Senator ReadylegislatorIndividualOral
UNFRobinson, KimberlylobbyistCignaOral
UNFCelentano, MatthewlobbyistFunk & Bolton, P.A.Oral
UNFJohansen, MichaellobbyistRWLOral
UNFFesche, CamillelobbyistRWL on behalf of SCIOral
FWAHerpel, GerardEPIC PharmaciesOral

Organizations on record

Registered lobbyists who testified

FAVHorton, AliyahMaryland Pharmacists AssociationRegistered for: Maryland Pharmacists 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
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