| TO: | Honorable Jane Nelson, Chair, Senate Committee on Health & Human Services |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | SB1834 by Hegar (Relating to treatment of pharmaceutical services provided through specialty and mail order pharmacy services operated under contracts between governmental entities and pharmacy benefit managers.), As Introduced |
The bill would require that certain revenues provided by a pharmaceutical manufacturer to a pharmacy benefit manager (PBM), under contracts that include specialty and mail order pharmacy services, be deposited to the General Revenue Fund; the Employee Life, Accident, and Health Insurance and Benefits Fund; the Retired School Employees Group Insurance Fund; and the Texas School Employees Uniform Group Coverage Trust Fund, respectively. It is unclear whether these deposits would be appropriated to the respective agencies--as under current law/general appropriations act.
The responding agencies indicate that any savings resulting from the bill would be offset by dispensing fees and administrative costs.
| Source Agencies: | 323 Teacher Retirement System, 327 Employees Retirement System, 515 Board of Pharmacy, 529 Health and Human Services Commission, 537 State Health Services, Department of
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| LBB Staff: | JOB, CL, PP, VJC
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