SENATE DOCKET, NO. 2128 FILED ON: 1/18/2019
SENATE . . . . . . . . . . . . . . No. 654
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bruce E. Tarr
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to strengthen pharmacy benefit management.
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PETITION OF:
Name: | District/Address: |
Bruce E. Tarr | First Essex and Middlesex |
SENATE DOCKET, NO. 2128 FILED ON: 1/18/2019
SENATE . . . . . . . . . . . . . . No. 654
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 654) of Bruce E. Tarr for legislation to strengthen pharmacy benefit management. Financial Services. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 593 OF 2017-2018.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-First General Court
(2019-2020)
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An Act to strengthen pharmacy benefit management.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 226 of Chapter 175 of the General Laws is hereby amended by adding the following after subsection (p) thereof:-
(g) The commissioner shall promulgate regulations for the licensing of pharmacy benefit managers providing services in the Commonwealth, which shall consist of, but not be limited to, provisions which:
1. Require a minimum standard of qualification or accreditation
2. Minimize actual or potential conflicts of interest
3. Provide for regular audits of the operations and activities of entities licensed hereunder
4. Provide a mechanism for the submission of, hearing, and disposition of claims of unfair practices by such licenses