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SB 1004

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Health Insurance - Pharmacy Benefits Managers - Reimbursement Amounts

Sponsor: Senator EckardtCommittee: FinanceSubject: Health - InsuranceStatus: Hearing 3/22 at 1:30 p.m. (as of Nov 15, 2022)

What this bill does

Official synopsis

Altering how a pharmacy benefits manager may determine reimbursement for a pharmacy or pharmacist; and authorizing the Maryland Insurance Commissioner to require a pharmacy benefits manager to pay a certain fee in addition to the required reimbursement amount to a pharmacy or a pharmacist and to adopt regulations that include a process for reviewing and recalculating the reimbursement amount.

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Testimony (6)

MGA witness list
FAV 3FavorableUNF 2UnfavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVKelly, CharlesCraig's Drug Store, Inc.Written (PDF)
FAVEckardt, AdelaideIndividualWritten (PDF)
FAVSenator Eckardt, Senator EckardtlegislatorIndividualOral
UNFCelentano, MatthewlobbyistFunk & Bolton, P.A.Written (PDF)
UNFJohansen, MichaellobbyistRWLWritten (PDF)
INFOBirrane, KathleenMaryland Insurance AdministrationWritten (PDF)

Organizations on record

Registered lobbyists who testified

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