Pair of PBM bills moving in Tennessee

NCPA March 23, 2022

SB 2458/HB 2661, a pair of PBM bills, are moving through the Tennessee legislature. Both would build upon recent PBM reform that has been enacted in the state. Specifically, the bills would require transparent, evidence-based reimbursements. Amendments have been added that would prohibit PBMs from banning pharmacies from certain networks and reimbursing affiliated pharmacies at higher rates than non-affiliated pharmacies. SB 2458 has been recommended for passage by the Senate Commerce and Labor Committee, and HB 2661 has been recommended for passage by the House Insurance Committee and the House Government Operations Committee.

NCPA