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Panel debates PSAO transparency; amendment clarified pharmacy–PBM communications but HB2551 failed to advance

Committee on Insurance · February 14, 2026
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

Committee considered HB2551 to regulate Pharmacy Services Administrative Organizations (PSAOs), adopted an amendment clarifying pharmacies may communicate directly with PBMs and requiring remittance pass-throughs, but after extended debate the committee voted not to pass the bill out of committee.

House Bill 2551 would create a regulatory framework for Pharmacy Services Administrative Organizations (PSAOs) that provide administrative services to independent and small-chain pharmacies. The committee considered a Williams/Sutton amendment to clarify that nothing in the statute would prevent an independent or small-chain pharmacy from communicating directly with…

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