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Committee advances PBM bill with pharmacist-requested clarifications
Summary
SB 2047, addressing pharmacy benefit managers, was advanced with amendments adopting clarifications requested by pharmacists to define contracting pharmacies and allowable cost lists; the committee adopted technical edits and the recommendation to pass.
SB 2047 (Senate Draft 1), concerning pharmacy benefit managers, was put forward with recommended amendments that incorporated language from the pharmacists' association to clarify definitions and the contents of allowable cost lists. Committee staff described amendments as technical and non-substantive in part, and members recorded the committee's recommendation to pass the measure with those amendments.
The discussion referenced the pharmacists' association's requested clarifications to ensure contracting pharmacies and maximum-allowable-cost lists were properly defined in statute; no oral testimony was taken during the session. Chair Otai called the voice vote and the recommendation was adopted.
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