SB1122 amends Texas Insurance Code to clarify the applicability of certain prescription drug insurance laws to health benefit plans and pharmacy.

SB1122 amends the Texas Insurance Code to specify that pharmacy benefit managers must comply with certain provisions for health benefit plans they administer, regardless of whether those provisions are explicitly made applicable to the plan. The bill also states that pharmacy benefit managers are not required to comply with provisions that expressly exclude a plan from their applicability. The changes apply to health benefit plans delivered, issued for delivery, or renewed on or after January 1, 2026, while plans renewed before that date continue under existing laws.

SB1122 amends Texas Insurance Code to clarify the applicability of certain prescription drug insurance laws to health benefit plans and pharmacy.

SB1122 amends the Texas Insurance Code to specify that pharmacy benefit managers must comply with certain provisions for health benefit plans they administer, regardless of whether those provisions are explicitly made applicable to the plan. The bill also states that pharmacy benefit managers are not required to comply with provisions that expressly exclude a plan from their applicability. The changes apply to health benefit plans delivered, issued for delivery, or renewed on or after January 1, 2026, while plans renewed before that date continue under existing laws.