Alaska legislation · 34th Legislature
Alaska HB149: PHARMACY BENEFITS MANAGER;3RD PARTY ADMIN
Status: In committee, May 7, 2025
An Act relating to pharmacy benefits managers; relating to third-party administrators; and providing for an effective date.
What the bill says
An act ENTITLED "An Act relating to pharmacy benefits managers; relating to third-party administrators; and providing for an effective date.".
From the introduced text:
AN ACT ENTITLED "An Act relating to pharmacy benefits managers; relating to third-party administrators; and providing for an effective date." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: * Section 1. AS 21.06.120(a) is amended to read: (a) The director may examine the affairs, transactions, accounts, records, and assets of each authorized and formerly authorized insurer and each licensed and formerly licensed managing general agent, reinsurance intermediary broker, reinsurance intermediary manager, surplus lines broker, pharmacy benefits manager, and surplus lines association as often as the director considers advisable. In scheduling and determining the nature, scope, and frequency of examinations, the director may consider any factor or material that the director determines is appropriate, including the results of financial statement analysis and ratios, competency of management or change of ownership, actuarial opinions, reports of independent certified public accountants, number and nature of consumer complaints, results of prior examinations, HB0149a -1- HB New Text Underlined [DELETED TEXT BRACKETED] 34-LS0786\A frequency of prior violations of statute and regulation, and criteria set out in the most recent edition of the Financial Condition Examiners Handbook and the Market Regulation Handbook approved by the National Association of Insurance Commissioners and in effect when the director conducts an examination. Examination of an alien insurer may be limited to its insurance transactions and affairs in …
Sponsors
- Commerce, House Labor & (I) · primary sponsor
Latest actions
- : (H) Minutes (HHSS)
- : (H) Scheduled but Not Heard -- Delayed to 4:15 pm --
- : (H) HEALTH & SOCIAL SERVICES at 03:15 PM DAVIS 106
- : (H) Minutes (HHSS)
- : (H) Heard & Held
- : (H) HEALTH & SOCIAL SERVICES at 03:15 PM DAVIS 106
- : (H) REFERRED TO HEALTH & SOCIAL SERVICES
- : (H) FN1: ZERO(CED)
- : (H) NR: COULOMBE, SADDLER, NELSON
- : (H) DP: BURKE, CARRICK, HALL
Subjects: CONTRACTS, HEARINGS, INSURANCE, BUSINESS, BOARDS & COMMISSIONS, RIGHTS, PHARMACISTS, FEES
Common questions
- What is HB149?
- HB149 is a bill in the Alaska Legislature (34th Legislature): PHARMACY BENEFITS MANAGER;3RD PARTY ADMIN.
- What does HB149 do?
- In its own words: An act ENTITLED "An Act relating to pharmacy benefits managers; relating to third-party administrators; and providing for an effective date.".
- What is the status of HB149?
- In committee as of May 7, 2025. Latest action: (H) Minutes (HHSS) (May 15, 2025).
- Who sponsored HB149?
- Commerce, House Labor & (I).
- Where is the official record for HB149?
- On the Alaska Legislature website: https://www.akleg.gov/basis/Bill/Detail/34?Root=HB 149
Source: official Alaska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.