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Committee approves bill requiring insurers to report prescription-drug rebate amounts
Summary
A House committee voted to pass House Bill 101, which would require health insurers and pharmacy benefit managers serving state plans and public-school employee plans to publish annual reports detailing prescription-drug rebate dollars and percentages and how those amounts are applied to premium reductions.
Representative Douglas told the House Health Committee that House Bill 101 (LC520643) would require health insurers and their pharmacy benefit managers serving the Georgia State Health Benefit Plan and public-school employee plans to file an annual report on prescription-drug rebates and how those rebates are applied to premium reductions.
The measure would require the annual report to be published and maintained on the Department of Community Health public website. Proponents said the bill is limited to…
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