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Sponsor pulls drug coverage bill after $18 million fiscal note; cites PBM interpretation dispute
2840962 · March 20, 2025
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Summary
Sen. Boyd withdrew Senate Bill 140 after state fiscal staff estimated an $18 million impact; sponsor said PBM and consultant interpretations differ from his reading of the bill’s exceptions.
Sen. Boyd introduced Senate Bill 140 as a measure intended to lower drug costs by limiting utilization management for generics and biosimilars, but he withdrew the bill after a fiscal note estimated an $18 million cost.
“In short, Navitus said that the bill would eliminate utilization management for generics and biosimilars,” Boyd told the…
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