Governor Signs PBM Licensure Bill, Calls Legislature into Special Session
On May 17, Gov. Tim Walz signed SF 278 into law; this is the act that will license and regulate pharmacy benefit managers (PBMs). The Commerce Department and Minnesota Department of Health will begin the PBM licensure rulemaking process this summer.
Gov. Walz has also signed HF 400, the Opioid Stewardship Fund bill, which was approved by the legislature on May 20. Among the important provisions included in the new law is limited medication administration authority for pharmacists to administer intramuscular and subcutaneous medication injections for the treatment of alcohol or opioid dependence or medications used to treat mental illnesses. The pharmacist’s direction to administer must be done a through prescriptive order or a collaborative practice agreement with a provider.
The governor has called the Legislature back for a special session that began at 10 a.m. today (May 24); by written agreement with legislative leaders, the special session must adjourn by 7 a.m. tomorrow, May 25. Legislators are still awaiting the release of the Health and Human Services Budget and a proposed Bonding Bill.
The Health and Human Services Omnibus budget bill language was finalized on May 23. It is not known if the specific provisions in the final HHS Omnibus budget bill include the Outpatient Drug Rule, the wholesaler/provider tax reimbursement for fee-for-service Medical Assistance and MinnesotaCare transactions. The House, which released its HHS budget details earlier this week, included full funding of the Provider tax reimbursement for pharmacies. The Alliance has encouraged the Senate and HHS Senate Committee Chair Benson to include the reimbursement language—including the provider tax reimbursement language—in the final agreement.