Senate Bill 2446

AN ACT TO AMEND SECTION 73-21-153, MISSISSIPPI CODE OF 1972, TO INCLUDE NEW DEFINITIONS IN THE PHARMACY PROMPT PAY ACT; TO CREATE NEW SECTIONS 73-21-161, 73-21-163 AND 73-21-165, MISSISSIPPI CODE OF 1972, TO ADD NEW PROVISIONS TO THE PHARMACY PROMPT PAY ACT TO PROHIBIT A PHARMACY BENEFIT MANAGER FROM REIMBURSING A NETWORK PHARMACY OR PHARMACIST IN THE STATE AN AMOUNT LESS THAN THE AMOUNT THAT THE PHARMACY BENEFIT MANAGER REIMBURSES A PHARMACY OWNED OR OPERATED BY THE PHARMACY BENEFIT MANAGER, A PHARMACY BENEFIT MANAGER, OR A PHARMACY BENEFIT MANAGER AFFILIATE, FOR DISPENSING MULTISOURCE GENERIC DRUG PRESCRIPTIONS; TO PROVIDE THAT A NETWORK PHARMACY OR PHARMACIST MAY DECLINE TO PROVIDE A MULTISOURCE GENERIC DRUG, OR SERVICE, IF THE NETWORK PHARMACY OR PHARMACIST IS PAID LESS THAN THAT NETWORK PHARMACY'S ACQUISITION COST FOR THE PRODUCT; TO PROVIDE THAT A NETWORK PHARMACY OR ITS CONTRACTING REPRESENTATIVE SHALL BE PROVIDED WITH A MINIMUM OF SIXTY DAYS TO RESPOND TO ANY NEW PHARMACY BENEFIT MANAGER CONTRACT, CONTRACT RENEWAL, AMENDMENT OR ADDENDUM TO AN EXISTING CONTRACT; TO PROVIDE THAT THE STATE BOARD OF PHARMACY SHALL HAVE ENFORCEMENT AUTHORITY OVER THE PROVISIONS OF THOSE NEW SECTIONS, AND AUTHORIZE THE BOARD TO IMPOSE A MONETARY PENALTY ON PHARMACY BENEFIT MANAGERS FOR NONCOMPLIANCE WITH THE PROVISIONS OF THOSE SECTIONS; TO AMEND SECTION 73-21-151, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; TO AMEND SECTION 73-21-159, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS AND TO DELETE THE REPEALER ON THE SECTION; AND FOR RELATED PURPOSES.

In the Senate

• Dean Kirby

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Feb 8 – Feb 23

1. Feb 8Referred to the Senate committee on Public Health and Welfare
2. Feb 23Died in committee in the Senate