Insurance, Health, Accident - As introduced, directs the commissioner of commerce and insurance to publish and submit to the general assembly on or before October 1, 2026, a report containing data on alleged statutory violations by pharmacy benefits managers during the previous fiscal year for failing to meet requirements for timely reimbursements to pharmacies; the report must include data on the number of alleged violations reported, the commissioner's findings from any ensuing investigatio...

Summary

The bill orders Tennessee’s commissioner of commerce and insurance to produce a report by Oct. 1, 2026 detailing alleged violations by pharmacy benefit managers of the state’s timely‑reimbursement rule. The report must list the number of violations reported, the commissioner’s findings from any investigations, and any penalties imposed, and it must be sent to the chief clerks of both chambers and the legislative librarian. The measure seeks greater transparency and oversight of PBM practices.

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