HB2750 - Relating to use of a pharmacy benefit manager in which a health benefit plan issuer has a financial interest.

  89R12314 SCF-F     By: Harris H.B. No. 2750       A BILL TO BE ENTITLED   AN ACT   relating to use of a pharmacy benefit manager in which a health   benefit plan issuer has a financial interest.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Chapter 1369, Insurance Code, is amended by   adding Subchapter R to read as follows:   SUBCHAPTER R. USE OF CERTAIN PHARMACY BENEFIT MANAGERS           Sec. 1369.801.  DEFINITIONS. In this subchapter:                 (1)     "Financial interest" means an ownership or   investment interest through equity, debt, or other means, including   an interest in an entity that holds an ownership or investment   interest.                 (2)     "Pharmacy benefit manager" has the meaning   assigned by Section 4151.151.           Sec.   1369.802.     APPLICABILITY OF SUBCHAPTER. (a) This   subchapter applies only to a health benefit plan that provides   benefits for medical or surgical expenses incurred as a result of a   health condition, accident, or sickness, including an individual,   group, blanket, or franchise insurance policy or insurance   agreement, a group hospital service contract, or an individual or   group evidence of coverage or similar coverage document that is   issued by:                 (1)  an insurance company;                 (2)     a group hospital service corporation operating   under Chapter 842;                 (3)     a health maintenance organization operating under   Chapter 843;                 (4)     an approved nonprofit health corporation that   holds a certificate of authority under Chapter 844;                 (5)     a multiple employer welfare arrangement that holds   a certificate of authority under Chapter 846;                 (6)     a stipulated premium company operating under   Chapter 884;                 (7)     a fraternal benefit society operating under   Chapter 885;                 (8)  a Lloyd's plan operating under Chapter 941; or                 (9)  an exchange operating under Chapter 942.           (b)     Notwithstanding any other law, this subchapter applies   to:                 (1)     a small employer health benefit plan subject to   Chapter 1501, including coverage provided through a health group   cooperative under Subchapter B of that chapter;                 (2)     a standard health benefit plan issued under   Chapter 1507;                 (3)  a basic coverage plan under Chapter 1551;                 (4)  a basic plan under Chapter 1575;                 (5)  a primary care coverage plan under Chapter 1579;                 (6)     a plan providing basic coverage under Chapter   1601;                 (7)     group health coverage made available by a school   district in accordance with Section 22.004, Education Code;                 (8)     a regional or local health care program operated   under Section 75.104, Health and Safety Code; and                 (9)     a self-funded health benefit plan sponsored by a   professional employer organization under Chapter 91, Labor Code.           Sec.   1369.803.     PROHIBITION ON REQUIRING USE OF CERTAIN   PHARMACY BENEFIT MANAGERS. A health benefit plan issuer that has a   financial interest in a pharmacy benefit manager may not require an   enrollee to use the pharmacy benefit manager.          SECTION 2.  Subchapter R, Chapter 1369, Insurance Code, as   added by this Act, applies only to a health benefit plan delivered,   issued for delivery, or renewed on or after January 1, 2026.          SECTION 3.  This Act takes effect September 1, 2025.