Amends TCA Title 47, Chapter 18 and Title 56.
Tennessee HB1242 amends existing laws related to the 340B drug discount program, primarily prohibiting drug manufacturers and their affiliates from imposing restrictions on the acquisition and delivery of 340B drugs to covered entities. The bill affects health insurance issuers, pharmacy benefits managers, and 340B entities, ensuring they cannot be reimbursed at lower rates or face discriminatory practices. Key provisions include penalties for violations and the requirement for compliance with federal guidelines regarding the 340B program.
Tennessee HB1242 amends existing laws related to the 340B drug discount program, primarily prohibiting drug manufacturers and their affiliates from imposing restrictions on the acquisition and delivery of 340B drugs to covered entities. The bill affects health insurance issuers, pharmacy benefits managers, and 340B entities, ensuring they cannot be reimbursed at lower rates or face discriminatory practices. Key provisions include penalties for violations and the requirement for compliance with federal guidelines regarding the 340B program.
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Helton-Haynes, Esther
114th General Assembly
February 6, 2025
May 13, 2025
Comp. became Pub. Ch. 404