HB 1659 (incorporated by HB 1290) – Virginia

Status: Inactive / Dead
Year Introduced: 2020
Link: https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1659&201+sum+HB1659

Health insurance; carrier contracts with pharmacy benefits managers. Prohibits a health insurance carrier from entering into, amending, renewing, or extending a contract with a pharmacy benefits manager unless such contract contains provisions prohibiting the pharmacy benefits manager or his representative from reimbursing a pharmacy or pharmacist an amount less than the amount that the pharmacy benefits manager reimburses a pharmacy benefits manager affiliate for providing the same pharmacist services, calculated on a per-unit basis using the same product identifier or code number and reflecting all drug manufacturer’s rebates, direct and indirect administrative fees, and costs and any remuneration. The bill applies to contracts entered into, amended, renewed, or extended on and after July 1, 2021. This bill was incorporated into HB 1290.

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