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2023 - 2024 LEGISLATURE
ASSEMBLY AMENDMENT 3,
TO ASSEMBLY BILL 773
February 12, 2024 - Offered by Representative Schraa.
AB773-AA3,1,11 At the locations indicated, amend the bill as follows:
AB773-AA3,1,2 21. Page 25, line 2: after that line insert:
AB773-AA3,1,3 3 Section 29m. 632.865 (6d) of the statutes is created to read:
AB773-AA3,1,64 632.865 (6d) Audits of pharmacy benefit managers. (a) The commissioner
5may examine and audit the books and records of a pharmacy benefit manager as
6necessary to determine any of the following:
AB773-AA3,1,77 1. The aggregate amount of rebates received by a pharmacy benefit manager.
AB773-AA3,1,98 2. The aggregate amount of rebates distributed by a pharmacy benefit manager
9to an appropriate health benefit plan sponsor.
AB773-AA3,1,1210 3. The aggregate amount of rebates passed on to an enrollee of any health
11benefit plan at the point of sale that reduced the enrollee's applicable deductible,
12copayment, coinsurance, or other cost sharing amount.
AB773-AA3,2,3
14. The aggregate amount paid by a health benefit plan sponsor to the pharmacy
2benefit manager for any pharmacist item or service itemized by pharmacy, product,
3and good or service.
AB773-AA3,2,54 5. The aggregate amount a pharmacy benefit manager paid for any pharmacist
5item or service itemized by pharmacy, product, and good or service.
AB773-AA3,2,76 6. Whether the pharmacy benefit manager has violated any provision of this
7subchapter or ch. 633.
AB773-AA3,2,98 (b) Information obtained under this subsection is confidential and may not be
9shared unless the information is required to be shared under state or federal law.”.
AB773-AA3,2,10 102. Page 25, line 21: after that line insert:
AB773-AA3,2,11 11 Section 31g. 632.865 (7) (b) of the statutes is amended to read:
AB773-AA3,2,1312 632.865 (7) (b) Reports Subject to par. (bm), reports under this subsection shall
13be considered a trade secret under the uniform trade secret act under s. 134.90.
AB773-AA3,31r 14Section 31r. 632.865 (7) (bm) of the statutes is created to read:
AB773-AA3,2,1715 632.865 (7) (bm) The state auditor may inspect any reports submitted to the
16commissioner under this subsection and any other information or record submitted
17by a pharmacy benefit manager to the commissioner.”.
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