HB 670-FN - AS AMENDED BY THE HOUSE
HOUSE BILL 670-FN
SPONSORS: Rep. Butler, Carr. 7; Rep. Marsh, Carr. 8; Rep. Knirk, Carr. 3; Sen. Sherman, Dist 24
COMMITTEE: Commerce and Consumer Affairs
This bill requires health insurance carriers to maintain certain information relative to prescription drug costs within their data systems for purposes of the managed care law.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
19Mar2019... 0893h 19-0804
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
Be it Enacted by the Senate and House of Representatives in General Court convened:
XI. Health carriers shall have access to or maintain within their data systems amounts paid to pharmacies and other health care providers for all prescription drugs on behalf of their covered members. Carriers shall have access to or maintain a record of any amounts due to the pharmacy from the covered member in the form of cost sharing, such as copayments, deductibles, or coinsurance. The health carrier shall be responsible for assuring timely access to this information even when the prescription drug benefit is administered by a pharmacy benefit manager or similar entity.
HB 670-FN- FISCAL NOTE
AS AMENDED BY THE HOUSE (AMENDMENT #2019-0893h)
FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None
Estimated Increase / (Decrease)
[ X ] General [ ] Education [ ] Highway [ ] Other
This bill requires insurers writing managed care coverage to have access to or maintain data relative to prescription drug benefits even if such coverage is managed by a pharmacy benefit manager (PBM). The Insurance Department states the bill's impact on insurers' administrative costs is unclear, as is the impact on the contracts insurers maintain with PBMs. As such, the bill will have an indeterminable impact on state insurance premium tax revenue.
The Department of Health and Human Services states that although the bill will have no direct impact on expenditures, Medicaid managed care organizations may seek to pass along any resulting cost increases to the Department through the contracting process. The extent of any such costs is indeterminable.
The Department of Administrative Services states the bill will have no fiscal impact.
Insurance Department, and Departments of Health and Human Services and Administrative Services
|Jan. 3, 2019||Introduced 01/03/2019 and referred to Commerce and Consumer Affairs HJ 3 P. 25|
|Feb. 19, 2019||Public Hearing: 02/19/2019 01:30 pm LOB 302|
|Feb. 21, 2019||Subcommittee Work Session: 02/21/2019 10:30 am LOB 302|
|Feb. 21, 2019||==RECESSED== Executive Session: 02/21/2019 02:00 pm LOB 302|
|March 6, 2019||Subcommittee Work Session: 03/06/2019 02:30 pm LOB 302|
|March 8, 2019||Subcommittee Work Session: 03/08/2019 09:00 am LOB 302-304|
|March 8, 2019||==CONTINUED== Executive Session: 03/08/2019 01:30 pm LOB 302-304|
|Committee Report: Ought to Pass with Amendment # 2019-0893h (Vote 20-0; CC)|
|March 19, 2019||Committee Report: Ought to Pass with Amendment # 2019-0893h for 03/19/2019 (Vote 20-0; CC) HC 16 P. 6|
|March 19, 2019||Amendment # 2019-0893h: AA VV 03/19/2019|
|March 19, 2019||Ought to Pass with Amendment 2019-0893h: MA VV 03/19/2019|
|March 28, 2019||Introduced 03/28/2019 and Referred to Commerce; SJ 12|
|April 23, 2019||Hearing: 04/23/2019, Room 100, SH, 01:15 pm; SC 19|
|Feb. 19, 2019||House||Hearing|
|Feb. 21, 2019||House||Exec Session|
|March 8, 2019||House||Exec Session|
|March 8, 2019||House||Exec Session|
|March 19, 2019||House||Floor Vote|
|April 23, 2019||Senate||Hearing|