Bill
SB 1796
Insurance, Health, Accident - As introduced, directs the commissioner of commerce and insurance to publish and submit to the general assembly on or before October 1, 2026, a report containing data on alleged statutory violations by pharmacy benefits managers during the previous fiscal year for failing to meet requirements for timely reimbursements to pharmacies; the report must include data on the number of alleged violations reported, the commissioner's findings from any ensuing investigations, and any penalties imposed for findings of violations. - Amends TCA Title 56, Chapter 7, Part 31 and Title 56, Chapter 7, Part 32.
Tennessee requires insurance commissioner to investigate and report PBM reimbursement violations to pharmacies, detailing findings and penalties by October 2026.