STAND. COM. REP. NO. 2076

Honolulu, Hawaii

, 2019

RE: S.B. No. 1401

S.D. 2

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 1401, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PHARMACY BENEFIT MANAGERS,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Prohibit pharmacy benefit managers from preventing the disclosure of the cost share of a prescription drug and the disclosure of a more affordable alternative by pharmacists or pharmacies to insured individuals; and

(2) Prevent penalization of pharmacists or pharmacies by pharmacy benefit managers for such disclosure.

An individual supported this measure. The Hawaii Association of Health Plans opposed this measure. The Department of Commerce and Consumer Affairs, CVS Health, and Cigna provided comments.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1401, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair