Bill Text - SB117 (2013)

(New Title) establishing a commission to study the regulation of pharmacy benefits managers.


Revision: March 18, 2013, midnight

SB 117-FN – AS AMENDED BY THE SENATE

03/07/13 0523s

2013 SESSION

13-0957

01/09

SENATE BILL 117-FN

AN ACT establishing a commission to study the regulation of pharmacy benefits managers.

SPONSORS: Sen. Soucy, Dist 18

COMMITTEE: Commerce

AMENDED ANALYSIS

This bill establishes a commission to study the regulation of pharmacy benefits managers.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/07/13 0523s

13-0957

01/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT establishing a commission to study the regulation of pharmacy benefits managers.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Chapter; Commission to Study Pharmacy Benefits Managers. Amend RSA by inserting after chapter 420-N the following new chapter:

CHAPTER 420-O

COMMISSION TO STUDY PHARMACY BENEFITS MANAGERS

420-O:1 Commission Established.

I. There is established a commission to study the regulation of pharmacy benefits managers. The members of the commission shall be as follows:

(a) The insurance commissioner, or designee.

(b) The commissioner of administrative services, or designee.

(c) A representative of the pharmacy board, appointed by the board.

(d) A representative of the New Hampshire Medical Society, appointed by the society.

(e) A representative of the New Hampshire Nurses’ Association, appointed by the association.

(f) A representative of a large pharmacy chain, appointed by the governor.

(g) A representative of an independent pharmacy, appointed by the governor.

(h) A pharmacy benefit manager, appointed by the governor.

(i) A public member representing a public health advocacy group, appointed by the governor.

II. The commission shall study the regulation of pharmacy benefits managers. The commission’s study shall include, but not be limited to, whether pharmacy benefits managers should be regulated by the state and how and when the regulation should be implemented.

III. The members of the commission shall elect a chairperson from among the members. The first meeting of the commission shall be called by the representative of the pharmacy board. The first meeting of the commission shall be held within 45 days of the effective date of this section. IV. The commission shall make an interim report on or before November 1, 2013 and a final report on or before January 1, 2014 of its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library.

2 Repeal. RSA 420-O:1, relative to the commission to study the regulation of pharmacy benefits managers, is repealed.

3 Effective Date.

I. Section 2 of this act shall take effect January 1, 2014.

II. The remainder of this act shall take effect upon its passage.

LBAO

13-0957

Amended 03/13/13

SB 117 FISCAL NOTE

AN ACT establishing a commission to study the regulation of pharmacy benefits managers.

FISCAL IMPACT:

    The Office of Legislative Budget Assistant states this bill, as amended by the Senate (Amendment #2013-0523s), will have no fiscal impact on state, county or local revenue and expenditures.

METHODOLOGY:

    The Office of Legislative Budget Assistant states this bill establishes a commission to study the regulation of pharmacy benefits managers, and therefore will have no fiscal impact.

None