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NE LR124

Resolution

Official Source

Status

Introduced

4/16/2025

Primary Sponsor

Michael Jacobson

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Proposes an interim study examining pharmacy benefit managers (PBMs) and their impact on prescription drug prices in Nebraska's health insurance industry
  • Directs investigation of PBM reimbursement models including spread pricing and rebates, as well as formulary management practices like prior authorization requirements
  • Requires analysis of contractual relationships between PBMs, health insurance plans, and pharmacies
  • Examines PBM transparency, accountability, and effects on independent pharmacies and patient access to affordable medications
  • Banking, Commerce and Insurance Committee designated to conduct the study and report findings with recommendations to the Legislative Council or Legislature

Legislative Description

Interim study to examine the role of a pharmacy benefit manager within the Nebraska health insurance industry and the impact on prescription drug prices

Last Action

Referred to Banking, Commerce and Insurance Committee

5/19/2025

Committee Referrals

Banking, Commerce and Insurance5/19/2025
Executive Board4/16/2025

Full Bill Text

No bill text available