HB2263 SFAT #1 Maroney 3-11

Dellinger 7965


Senator Maroney moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. House Bill 2263A Bill to amend and reenact 5-16-9 of the Code of West Virginia, 1931, as amended; to amend and reenact 33-51-2, 33-51-3, 33-51-8, and 33-51-9 of said code; and to amend said code by adding thereto two new sections, designated 33-51-11 and 33-51-12, all relating to the regulation of pharmacy benefit managers; amending reporting requirements related Public Employees Insurance Agency; expanding scope; defining terms; regulating the reimbursements of pharmacy benefit managers; addressing network adequacy; providing an effective date; requiring filing of certain methodologies utilized by pharmacy benefit managers; prohibiting certain practices by pharmacy benefits managers; providing consumer choice for pharmacies; setting guidelines for pharmacy benefit plans; requiring rebates to be passed on to the health plan; requiring reporting; and requiring commissioner to consider information in reviewing rates.