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Insurance department seeks increased budget, adds staff to enforce Act 77 on PBMs

2511254 · February 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a legislative budget hearing, the Pennsylvania Insurance Department said its 2025 budget request would increase operating appropriations and include staff additions to implement and enforce Act 77 governing pharmacy benefit managers (PBMs). Department leaders said most funds come from fees, not the general fund.

The Pennsylvania Insurance Department outlined its 2025 budget request during a legislative budget hearing and said it seeks roughly $43 million — a $3.9 million increase — while the state health insurance exchange, Penny, asked for about $52 million, an $11.4 million increase. Commissioner Humphreys and staff told lawmakers most of the funds for both entities come from fees and other non‑general‑fund sources.

Lawmakers pressed the department about provisions added to the budget to support enforcement of Act 77, the 2024 law that expanded state…

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