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Supporters tell committee SB 1122 would extend PBM rules to ERISA plans; committee leaves measure pending
Summary
Senate Bill 1122 would extend state PBM oversight to activity by PBMs for ERISA employer plans; pharmacy industry witnesses urged the committee to pass the bill and said it would improve transparency and protect independent pharmacies.
Senate Bill 1122 was presented to the committee as a measure that would extend existing Texas pharmacy‑benefit manager (PBM) rules to ERISA‑based, employer‑sponsored plans. The sponsor framed the bill as codifying a 2024 Texas Attorney General opinion and as consistent with a 2020 U.S. Supreme Court ruling described repeatedly during the layout.
Sponsor remarks (Senator Schwartner) said SB 1122…
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