Amends TCA Title 56, Chapter 7, Part 31 and Title 56, Chapter 7, Part 32.
Tennessee HB1955 directs the commissioner of commerce and insurance to compile and submit a report to the general assembly by October 1, 2026, detailing alleged statutory violations by pharmacy benefits managers related to timely reimbursements to pharmacies. The report will include data on the number of reported violations, findings from investigations, and any penalties imposed. This bill primarily affects pharmacy benefits managers and pharmacies within the state.
Tennessee HB1955 directs the commissioner of commerce and insurance to compile and submit a report to the general assembly by October 1, 2026, detailing alleged statutory violations by pharmacy benefits managers related to timely reimbursements to pharmacies. The report will include data on the number of reported violations, findings from investigations, and any penalties imposed. This bill primarily affects pharmacy benefits managers and pharmacies within the state.
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