Amends TCA Title 4 and Title 56.
Tennessee SB0604 mandates that pharmacy services administrative organizations (PSAOs) or similar entities must destroy any maximum allowable cost lists or related information received from a contracted pharmacy within five business days upon receiving a written request for destruction from that pharmacy. This bill primarily affects PSAOs and contracted pharmacies by establishing a clear protocol for the handling of sensitive cost information. Key provisions include the requirement for timely destruction of shared information to protect the confidentiality of pharmacy operations.
Tennessee SB0604 mandates that pharmacy services administrative organizations (PSAOs) or similar entities must destroy any maximum allowable cost lists or related information received from a contracted pharmacy within five business days upon receiving a written request for destruction from that pharmacy. This bill primarily affects PSAOs and contracted pharmacies by establishing a clear protocol for the handling of sensitive cost information. Key provisions include the requirement for timely destruction of shared information to protect the confidentiality of pharmacy operations.
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Bailey, Paul
114th General Assembly
January 31, 2025
April 7, 2026
Assigned to General Subcommittee of Senate Commerce and Labor Committee