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Senate adopts technical and substantive PBM amendments, sends House Bill 15‑84 to appropriations
Summary
The Senate adopted committee amendments to House Bill 15‑84 to regulate pharmacy benefit managers, give the insurance commissioner fee‑setting authority and provide funding mechanisms; the committee recommended re‑referral to Appropriations.
Bismarck — The Senate on Monday adopted committee amendments to House Bill 15‑84, a bill to license and regulate pharmacy benefit managers (PBMs) and grant the Insurance Commissioner authority to enforce existing PBM laws.
Senator Barta, presenting the amendments, described multiple changes to the bill’s application and fee structures, including adding an electronic mail address requirement to PBM…
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