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Bill #: SF 563
Subject: Pharmacy Benefit Managers (Successor to SF 347)(See HF 489)
Summary: Requires pharmacy benefit managers to make an annual report to the Insurance Commissioner of prescription drug prices and rebates. Requires the IC to make the information available on the internet. Requires PBM for a health carrier to review the formula
Status: PASSED SENATE 49-0; PASSED HOUSE 100-0; Amended; SENATE CONCURRED AND PASSED 49-0; Goes to Governor
IOMA Position: Support
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