HB1343 - Tennessee - Pharmacy, Pharmacists, Titles, Short

Companion Bill SB1112. Pharmacy, Pharmacists - Establishes requirements for audits by pharmacy benefits managers of pharmacies or pharmacists, for appeals of unfavorable preliminary audits, and for the calculation of reimbursement by a pharmacy benefits manager under a contract to a pharmacist or pharmacy. - Amends TCA Title 56 and Title 63. Fiscal Summary for HB1343 / *SB1112Increase State Expenditures - Not Significant Increase State Revenues - Not Significant Other Fiscal Impact - Could result in a fiscal impact to the Bureau of TennCare if the provisions of the bill resulted in changes to the negotiating power of PBMs. Such would have an effect on the pharmaceutical expenditures of the Bureau of TennCare which is not determinable. A more precise cost estimate is not possible because the Bureau of TennCare has not provided any information to assist in the [...]

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