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MD SB306

Bill

Status

Engrossed

3/12/2025

Primary Sponsor

Pamela Beidle

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • State Workers' Compensation Commission must regulate fees and charges for reimbursement of prescription drugs and pharmaceutical services by September 1, 2026
  • Reimbursements limited to acquisition cost-based index calculated per unit at date of dispensing, plus reasonable dispensing fees and any Commission-determined percentage adjustments
  • Insurance carriers and employers may still contract with pharmacy benefits managers or pharmacy networks for different reimbursement rates or pricing indexes than those set by the Commission
  • Maryland Prescription Drug Affordability Board required to study workers' compensation prescription drug affordability challenges, including high-cost formulations, billing practices, and non-standard pricing metrics, with report due March 1, 2026
  • Act takes effect July 1, 2025

Legislative Description

Workers' Compensation - Prescription Drug and Pharmaceutical Services - Reimbursements

Rules and Regulations

Last Action

Hearing 3/26 at 1:00 p.m.

3/19/2025

Committee Referrals

Economic Matters3/14/2025
Finance1/13/2025

Full Bill Text

No bill text available