LD 1150 LR 476(02)
An Act Regarding Maximum Allowable Cost Pricing Lists Used by Pharmacy Benefit Managers
Fiscal Note for Bill as Amended by Committee Amendment "A"
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
Fiscal Note
No impact on State Employee Health Plan
Fiscal Detail and Notes
The Employee Retirement Income Security Act (ERISA) makes clear that self-funded plans are not required to meet the requirements of general insurance carriers, other than specifically mandated requirements. This bill is not an insurance mandate and, therefore, the State Employee Health Plan, which is a self-funded plan, is not required to implement the provisions of this bill.