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Committee amends HB1584 to create separate PBM license class; bill passes out of committee
Summary
The House committee accepted an amended version of House Bill 1584 that adds a separate licensing class for pharmacy benefit managers, adopts Representative Casper’s definition narrowing the bill’s scope, and passed the bill as amended on a roll-call vote.
The House Committee on Industry, Business and Labor voted to pass House Bill 1584 as amended, adopting a new licensing class for pharmacy benefit managers and Representative Casper’s narrower definition of PBMs.
The amendments — one establishing a distinct license category for PBMs and one providing a revised definition of “pharmacy benefit manager” that Representative Casper offered — were combined and adopted before the committee voted on the bill. Representative Casper moved to adopt both amendments; Representative Koppelman moved that the committee “do pass as amended” on House Bill 1584, with a second from Representative Shots. The motion passed on a roll-call vote.
The amended measure creates a separate licensure class for PBMs, distinct from the third-party administrator (TPA) license the entities now commonly hold. John Arnold, Deputy…
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