Budget Amendment ID: FY2020-S3-419

EHS 419

Pharmacy Benefit Manager Accreditation

Messrs. Tarr, deMacedo, Humason and O'Connor moved that the proposed new text be amended by inserting after section ___the following section:-

"SECTION _. Section 226 of Chapter 175 of the General Laws is hereby amended by adding the following after subsection (p) thereof:-

(q) 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