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AR SB103
Bill
Status
4/7/2025
Primary Sponsor
Clint Penzo
Click for details
AI Summary
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Pharmacy benefits managers (PBMs) must allow any Arkansas-licensed pharmacy or pharmacist to join their networks if they accept relevant and reasonable participation terms, and cannot exclude them from continued participation without justification
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PBMs are prohibited from conditioning network participation on joining other networks, limiting networks solely to affiliated or internet-only pharmacies, or discriminating based on a pharmacy's geographic location, size, or ownership structure
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Pharmacies or pharmacists denied network participation may file complaints with the Insurance Commissioner, who must issue a determination within 30 days after a hearing
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Violations can result in fines up to $100,000 per violation, prohibition from marketing offending products or services in Arkansas, or license revocation/suspension
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Declared an emergency effective upon Governor's approval (April 3, 2025) to protect public health and ensure equitable pharmacy access statewide
Legislative Description
To Create The Pharmacy Nondiscrimination Act; To Require Pharmacy Benefits Managers To Accept Any Pharmacy Or Pharmacist Willing To Accept Relevant And Reasonable Terms Of Participation; And To Declare An Emergency.
Last Action
Notification that SB103 is now Act 425
4/7/2025