Kentucky 2024 Regular Session

Kentucky Senate Bill SB224 Latest Draft

Bill / Introduced Version

                            UNOFFICIAL COPY  	24 RS BR 2166 
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AN ACT relating to Medicaid. 1 
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2 
Section 1.   KRS 205.5518 is amended to read as follows: 3 
(1) Notwithstanding any provisions of law to the contrary, beginning on March 27, 4 
2020, and continuing until December 31, 2020, a pharmacy benefit manager 5 
contracted with a managed care organization to administer Medicaid benefits shall 6 
not: 7 
(a) Adjust, modify, change, or amend reimbursement methodologies, dispensing 8 
fees, and any other fees paid by the pharmacy benefit manager to pharmacies 9 
licensed in the Commonwealth; 10 
(b) Create, modify, implement, or indirectly establish any fee on a pharmacy, 11 
pharmacist, or a Medicaid recipient in the Commonwealth; and 12 
(c) Make any adjustments, modifications, or changes to a pharmacy network for 13 
the managed care organization with which[whom] the pharmacy benefit 14 
manager has contracted to administer Medicaid benefits. 15 
(2) Notwithstanding any provisions of law to the contrary, beginning on March 27, 16 
2020, and continuing until December 31, 2020, a pharmacy benefit manager 17 
contracted with a managed care organization to administer Medicaid benefits shall: 18 
(a) Administer, adjudicate, and, when appropriate, reimburse any pharmacy 19 
benefit claim submitted to the managed care organization prior to the 20 
termination of the contract between the pharmacy benefit manager and the 21 
managed care organization in accordance with the contract between the 22 
pharmacy benefit manager and the managed care organization; and 23 
(b) Not be released from its obligation to make any payments owed to a 24 
pharmacy licensed in the Commonwealth for pharmacy services rendered 25 
prior to the termination of the contract between the pharmacy benefit manager 26 
and the managed care organization. 27  UNOFFICIAL COPY  	24 RS BR 2166 
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(3) The department shall impose a fine of twenty-five thousand dollars ($25,000) per 1 
day per separate violation on a pharmacy benefit manager who violates subsection 2 
(1) or (2) of this section. 3