HB 1299 Summary

• Requires pharmacy benefit managers to make available to the public without redaction third-party aggregator contracts and pharmacy benefit management contracts, but only when the State of Mississippi or a political subdivision is a party to the contract.

• Removes the exemption for the Mississippi State and School Employees Health Insurance Plan and Mississippi Division of Medicaid from the definition of "pharmacy benefit manager" in Section 73-21-153.

• Brings forward existing pharmacy regulations including the Pharmacy Benefit Prompt Pay Act (Sections 73-21-155 through 73-21-163) and the Pharmacy Audit Integrity Act (Sections 73-21-177 through 73-21-191) for possible amendment.

• Establishes effective date of July 1, 2023, with an automatic repeal date of June 30, 2023 (note: this appears to be a technical drafting issue with the dates).