HB1137 strengthens regulations on pharmacy benefit managers (the companies that manage prescription drug benefits for insurance plans) by requiring them to be more transparent about their fees and practices, and prohibiting certain conflicts of interest that could drive up drug costs for consumers. The bill gives the state insurance commissioner more authority to oversee these companies and ensure they're operating fairly. These changes aim to reduce prescription drug costs and make the pharmacy benefit system more transparent for South Dakota residents and insurers.
This bill does not directly amend codified state law.
Signed by the Governor H.J. 694
Delivered to the Governor H.J. 596
Signed by the President S.J. 556
Signed by the Speaker H.J. 558
Senate Do Pass Amended Passed, YEAS 35, NAYS 0. S.J. 501
Health and Human Services Placed on consent
Health and Human Services Do Pass Passed, YEAS 6, NAYS 0. S.J. 466
Health and Human Services Scheduled for hearing
First read in Senate and referred to Senate Health and Human Services S.J. 350
House of Representatives Do Pass Amended Passed, YEAS 67, NAYS 0. H.J. 361
Health and Human Services Do Pass Amended Passed, YEAS 13, NAYS 0. H.J. 318
Health and Human Services Motion to amend
Health and Human Services Hoghoused
Health and Human Services Scheduled for hearing
Health and Human Services Scheduled for hearing
First read in House and referred to House Health and Human Services H.J. 199
Spencer Gosch
Prime sponsor · Rep.
R
Wayne Steinhauer
Prime sponsor · Sen.
R
Cosponsors
Health and Human Services — Do Pass
Do Pass Amended
Health and Human Services — Do Pass Amended