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RI S2462

Bill

Status

Introduced

2/6/2026

Primary Sponsor

Linda Ujifusa

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Prohibits "spread pricing" by pharmacy benefit managers (PBMs) working with Rhode Island's Medicaid program, where PBMs charge health plans more than they reimburse pharmacies and keep the difference

  • Requires the Secretary of the Executive Office of Health and Human Services (EOHHS) to ensure managed care organizations (MCOs) and PBMs are transparent and do not increase unnecessary costs for the Medicaid program

  • Mandates that contracts with MCOs require PBMs to demonstrate improvement in patient health outcomes

  • Takes effect immediately upon passage

Legislative Description

Requires the secretary of the executive office of health and human services to monitor and mandate changes to the price-setting practices of pharmacy benefit managers to prohibit the spread pricing payment model.

State Affairs And Government

Last Action

Introduced, referred to Senate Health and Human Services

2/6/2026

Committee Referrals

Health and Human Services2/6/2026

Full Bill Text

No bill text available