SB2577In Committee

Amends TCA Title 4, Chapter 3; Title 8, Chapter 27; Title 56 and Title 71.

Tennessee SB2577 prohibits pharmacy benefits managers from entering into contracts with state departments, agencies, or entities if they have been disciplined by the Department of Finance and Administration or the Department of Commerce and Insurance. This bill affects pharmacy benefits managers operating within the state and aims to ensure that only those without disciplinary actions can engage in contracts with state entities. Key provisions include the stipulation of disciplinary history as a criterion for contracting eligibility.

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Overview

Tennessee SB2577 prohibits pharmacy benefits managers from entering into contracts with state departments, agencies, or entities if they have been disciplined by the Department of Finance and Administration or the Department of Commerce and Insurance. This bill affects pharmacy benefits managers operating within the state and aims to ensure that only those without disciplinary actions can engage in contracts with state entities. Key provisions include the stipulation of disciplinary history as a criterion for contracting eligibility.

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Sponsor

Harshbarger, Bobby

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

March 3, 2026

Assigned to General Subcommittee of Senate Commerce and Labor Committee

Subjects
Insurance, Health, AccidentTennCareFinance and Administration, Dept. ofCommerce and Insurance, Dept. of

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SB2577: Amends TCA Title 4, Chapter 3; Title 8, Chapter 27; Title 56 and Title 71. | LegisGo