Revision: May 18, 2017, 3:42 p.m.
HB 455-FN - AS AMENDED BY THE SENATE
05/18/2017 1703s
2017 SESSION
17-0520
01/10
HOUSE BILL 455-FN
AN ACT relative to the practices of pharmacy benefit managers.
SPONSORS: Rep. Hennessey, Graf. 1; Rep. Bailey, Graf. 14; Rep. Massimilla, Graf. 1; Rep. Danielson, Hills. 7; Rep. Byron, Hills. 20; Sen. Hennessey, Dist 5
COMMITTEE: Commerce and Consumer Affairs
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This bill prohibits pharmacy benefit managers from requiring providers to attain accreditation, credentialing, or licensing other than by the pharmacy board or other state or federal entity until May 1, 2018.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05/18/2017 1703s 17-0520
01/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT relative to the practices of pharmacy benefit managers.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraph; Managed Care Law; Provider Contracts; Pharmacy Benefit Managers. Amend RSA 420-J:8, XV by inserting after subparagraph (b) the following new subparagraph:
(c) A pharmacy benefit manager shall not require accreditation, credentialing, or licensing of providers other than by the New Hampshire pharmacy board or other state or federal entity.
2 Repeal. RSA 420-J:8, XV(c), prohibiting pharmacy benefit managers to require providers to obtain certain accreditation, credentialing, or licensing, is repealed.
I. Section 2 of this act shall take effect May 1, 2018.
II. The remainder of this act shall take effect upon its passage.
17-0520
Revised 1/25/17
HB 455-FN- FISCAL NOTE
as introduced
AN ACT relative to the practices of pharmacy benefit managers.
FISCAL IMPACT: [ X ] State [ X ] County [ X ] Local [ ] None
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| Estimated Increase / (Decrease) | |||
STATE: | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
Appropriation | $0 | $0 | $0 | $0 |
Revenue | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
Expenditures | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
Funding Source: | [ X ] General [ ] Education [ ] Highway [ ] Other | |||
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COUNTY: |
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Revenue | $0 | $0 | $0 | $0 |
Expenditures | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
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LOCAL: |
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Revenue | $0 | $0 | $0 | $0 |
Expenditures | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
METHODOLOGY:
This bill limits the accreditation and licensing requirements that a pharmacy benefit manager can use. The Insurance Department cannot predict what impact, if any, the bill would have on insurance premiums paid by state, county or local governments. The State collects premium tax on health insurance premiums and changes to premiums could impact state unrestricted revenue.
The Office of Professional Licensure and Certification states this bill will have no impact on its budget.
AGENCIES CONTACTED:
Insurance Department and Office of Professional Licensure and Certification