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House Insurance Committee approves substitute to expand pharmacy protections, PBM transparency
Summary
The House Insurance Committee approved a substitute for House Bill 192 that adds protections for community pharmacies, expands oversight to auditing entities, and requires additional reporting from pharmacy benefit managers.
The House Insurance Committee approved a substitute version of House Bill 192 that adds protections for community pharmacies and increases transparency for pharmacy benefit managers (PBMs). Representative Barhorst moved the substitute and the committee approved it without objection.
The substitute broadens oversight beyond health insurers to include auditing entities, adds definitions for prior authorization and unanticipated out-of-network care, and…
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