In Review: In Utah, two bills that have garnered significant attention are impacting PBMs with fiscal implications exceeding $3 million. HB 425 (Omnibus), sponsored by Representative Norman Thurston (R), introduces new requirements for POS rebates, pharmacy network regulations, and a ban on spread pricing. This bill alone is estimated to increase state costs by $4.4 million. SB0152 (copay accumulators), sponsored by Senator Curtis Bramble (R), has already received a fiscal note of nearly $3 million. These early fiscal note assignments reflect a strong commitment to avoiding cost increases for Utah plans and participants. The scrutiny surrounding the significant fiscal implications of these bills underscores their potential impact on the state’s budget and financial resources.

If you have any questions, please contact Tonia Sorrell Neal at tsorrell-neal@pcmanet.org.