SB 41: Pharmacy benefits.

This act aims to regulate pharmacy benefit managers and their contracts with health care service plans and health insurers. It prohibits these managers from requiring the use of only affiliated pharmacies, imposing requirements that discriminate against nonaffiliated pharmacies, and from imposing income limits. Additionally, it requires these managers to use a passthrough pricing model. The act also limits how health care service plans and health insurers calculate cost sharing for prescription drugs, requiring them to cover medically necessary prescription drugs and include specified cost-sharing provisions. Furthermore, it prohibits contracts that authorize spread pricing and requires that payment apply to the applicable deductible. The act declares that it does not alter the authority of the attorney general to maintain competitive, fair, and honest markets, and its provisions are se…