SB 547 · 2026 · Senate · Health and Human Services Committee
Pharmacy benefit manager transparency rules
AI-generatedrelative to regulation and transparency of pharmacy benefit manager practices.
Amends definitions governing pharmacy benefit managers, imposes a fiduciary duty toward health carrier clients, and prohibits pharmacy benefit managers from retaining any portion of spread pricing.AI-generated
Status
Referred to interim study (Senate) · March 6, 2026- ✓Introduced
- ✕Senate
- House
- Governor
- Law
Analysis
This bill amends the definitions of pharmacy benefit manager and rebate and adds additional terms governing pharmacy benefit manager business practices. The bill states that pharmacy benefit managers have a fiduciary duty to the health carrier client and are prohibited from retaining any portion of spread pricing.
From the bill's official ANALYSIS section.
Official record
gc.nh.gov · the authoritative source
Sponsors
- Sen. David RochefortRChair· Health and Human Services
- Sen. Rebecca Perkins KwokaDMinority Leader
- Rep. Lucy WeberDRanking Member· Health, Human Services, and Elderly Affairs
- Rep. Anita BurroughsDRanking Member· Commerce and Consumer Affairs
Also: Sen. Tim McGoughR, Sen. Donovan FentonD, Sen. David WattersD, Sen. Debra AltschillerD, Rep. Julie MilesR, Rep. David NagelD, Rep. Mark PearsonR
Public testimony
No one submitted online testimony on this bill. See the record
Hearings
- 2026-01-149:00 amSenate Health and Human ServicesSH 100Public hearing
Legislative history
- Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Health and Human Services; SJ 1
- Jan 14, 2026SenHearing: 01/14/2026, Room 100, SH, 09:30 am; SC 47
- Mar 12, 2026Sen: Referred to Interim Study, 03/12/2026; Vote 5-0; CC; SC 9
- Mar 12, 2026SenRefer to Interim Study, MA, VV; 03/12/2026; SJ 6
Coverage
No reporting linked yet.
Documents (PDF)
Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.