Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB94 by Hinojosa (Relating to certain fees charged for the adjudication of pharmacy benefit claims.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to certain fees charged for the adjudication of pharmacy benefit claims. The bill would prohibit a health benefit plan issuer or a pharmacy benefit manager from charging a pharmacy or pharmacist for costs related to the claims adjudication process.
Based on information provided by the Texas Department of Insurance, University of Texas System Administration, Texas A&M University System Administration, and Teacher Retirement System, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing staff and resources.
Based on information provided by the Employees Retirement System (ERS), the bill could result in higher administrative costs when ERS enters into its next contract with their pharmacy benefit managers in fiscal year 2018; however, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing staff and resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
327 Employees Retirement System, 454 Department of Insurance, 515 Board of Pharmacy, 720 The University of Texas System Administration, 323 Teacher Retirement System, 710 Texas A&M University System Administrative and General Offices