Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves PBM transparency amendments after pharmacy and insurer testimony
Summary
The House Insurance Committee reported House Bill 264 with amendments after testimony from independent pharmacists and insurers about transparency in PBM rebate and payment practices.
The House Insurance Committee adopted amendments and reported House Bill 264, a transparency measure for pharmacy benefit manager (PBM) rebate practices, after testimony from independent pharmacists, patient advocates and insurers.
Sponsor Representative Echols described the bill as a consumer‑ and pharmacy‑focused transparency measure. “This bill seeks to expose hidden profit mechanisms within the PBM industry,” he told the committee, adding the Department of Insurance should be…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
