Amends TCA Title 4 and Title 56.
Tennessee HB0614 mandates that pharmacy services administrative organizations (PSAOs) or similar entities must destroy any maximum allowable cost lists or related information received from contracted pharmacies within five business days following a written request for destruction from the sharing pharmacy. This bill primarily affects PSAOs and contracted pharmacies by establishing a clear timeline and requirement for the disposal of sensitive pricing information. Key provisions include the stipulation for written requests and the specified timeframe for destruction.
Tennessee HB0614 mandates that pharmacy services administrative organizations (PSAOs) or similar entities must destroy any maximum allowable cost lists or related information received from contracted pharmacies within five business days following a written request for destruction from the sharing pharmacy. This bill primarily affects PSAOs and contracted pharmacies by establishing a clear timeline and requirement for the disposal of sensitive pricing information. Key provisions include the stipulation for written requests and the specified timeframe for destruction.
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