Texas HB3317 amends the Insurance Code to enhance transparency and fairness in pharmacy benefit network contracts.
Texas HB3317 amends the Insurance Code to require health benefit plans providing pharmacy benefits to include a unique identifier on enrollee identification cards. It mandates that health benefit plan issuers or pharmacy benefit managers provide pharmacists and pharmacies with access to pharmacy benefit network contracts via a secure online portal. These entities must also notify pharmacists and pharmacies of proposed modifications or addendums to contracts 90 days before they take effect.
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