HF2851 — Reverse auction procurement requirement for SEGIP pharmacy benefit contracts modified, use of spread pricing by pharmacy benefit managers prohibited, license application fees increased, fiduciary duties imposed, and money appropriated.

HF2851 — Reverse auction procurement requirement for SEGIP pharmacy benefit contracts modified, use of spread pricing by pharmacy benefit managers prohibited, license application fees increased, fiduciary duties imposed, and money appropriated. · Informed CitizenryHF2851 proposes significant regulatory changes for pharmacy benefit managers (PBMs) in Minnesota. The bill prohibits 'spread pricing'—where a PBM charges a health plan more for a drug than it pay…Open in Informed Citizenry