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SB 665 · 2026 · Senate · Health and Human Services Committee

Pharmacy benefit manager regulation changes

AI-generated

(New Title) relative to pharmacy benefits managers, managed care laws, notice of drug pricing options and pharmacy benefit manager business practices.

Requires written agreements between pharmacy benefits managers and health carriers, revises PBM reporting and examination requirements, raises maximum administrative fines, requires notice of lowest-price drug options, and restricts steering incentives.AI-generated

Status

Killed in the House — Inexpedient to Legislate · May 14, 2026
  1. Introduced
  2. Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill requires pharmacies to charge consumers the lowest available price for prescription drugs.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Sen. Denise RicciardiRPrimeVice Chair· Commerce
  • Sen. Cindy RosenwaldDDeputy Democratic Leader
  • Sen. Bill GannonRChair· Judiciary
  • Sen. Mark McConkeyRChair· Capital Budget
  • Sen. David RochefortRChair· Health and Human Services
  • Sen. Howard PearlRChair· Executive Departments and Administration
  • Sen. Sharon CarsonRPresident of the Senate
  • Sen. Regina BirdsellRMajority Leader
  • Sen. Rebecca Perkins KwokaDMinority Leader
  • Rep. Katelyn KuttabRClerk· Judiciary
  • Rep. Wayne MacDonaldRChair· Health, Human Services and Elderly Affairs
  • Rep. Loren FoxxDDeputy Ranking Member· Fish and Game and Marine Resources

Also: Sen. Pat LongD, Sen. David WattersD, Sen. Donovan FentonD, Sen. Tara ReardonD, Rep. Catherine RombeauD

Public testimony

10 signed in online · 2 wrote testimony

70% support30% oppose0% neutral

In their wordsVerbatim, exactly as submitted

My name is Jebb Curelop. I live in Merrimack. I ask you to support Senate Bill 665 There’s a little-known reality in the prescription drug market: prices aren’t always what they seem.
Jebb Curelop, Merrimacksupports
I support SB 665 because it strengthens transparency and accountability in PBM operations by requiring written agreements, expanding reporting, increasing fines for violations, and prohibiting steering patients toward PBM-owned pharmacies.
Hannah Meiselman, Manchestersupports

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-02-189:00 amSenate Health and Human ServicesSH 100Public hearing
  • 2026-04-1510:30 amHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-2210:00 amHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-2810:00 amHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-2910:00 amHouse Commerce and Consumer AffairsGP 229Public hearing

Legislative history

  1. Jan 29, 2026SenIntroduced 01/29/2026 and Referred to Health and Human Services; SJ 3
  2. Feb 18, 2026SenHearing: 02/18/2026, Room 100, SH, 09:45 am; SC 6
  3. Mar 12, 2026SenCommittee Report: Ought to Pass with Amendment # 2026-1047s, 03/12/2026; Vote 5-0; CC; SC 9
  4. Mar 12, 2026SenSB 665 was Removed from the Consent Calendar; 03/12/2026; SJ 6
  5. Mar 26, 2026SenSpecial Order to 03/26/2026, Without Objection, MA; 03/12/2026 SJ 6
  6. Mar 26, 2026SenCommittee Report: Ought to Pass with Amendment # 2026-1047s, 03/26/2026, Vote 5-0; SC 11
  7. Mar 26, 2026SenCommittee Amendment # 2026-1047s, AA, VV; 03/26/2026; SJ 7
  8. Mar 26, 2026SenSen. Ricciardi Floor Amendment # 2026-1239s, AA, VV; 03/26/2026; SJ 7
  9. Mar 26, 2026SenSen. Rosenwald Floor Amendment # 2026-1129s, AA, VV; 03/26/2026; SJ 7
  10. Mar 26, 2026SenOught to Pass with Amendments #2026-1047s, and #2026-1239s and #2026-1129s, RC 24Y-0N, MA; OT3rdg; 03/26/2026; SJ 7
  11. Mar 26, 2026HouseIntroduced (in recess of) 03/26/2026 and referred to Commerce and Consumer Affairs HJ 9 P. 55
  12. Apr 15, 2026HousePublic Hearing: 04/15/2026 01:45 pm GP 229
  13. Apr 22, 2026HouseSubcommittee Work Session: 04/22/2026 10:00 am GP 229
  14. Apr 28, 2026HouseSubcommittee Work Session: 04/28/2026 10:00 am GP 229
  15. Apr 29, 2026HouseExecutive Session: 04/29/2026 10:00 am GP 229
  16. Apr 29, 2026HouseMajority : Inexpedient to Legislate 04/29/2026 (Vote 13-2; RC) HC 19 P. 17
  17. May 1, 2026HouseMinority : Ought to Pass with Amendment # 2026-1758h
  18. May 14, 2026HouseInexpedient to Legislate: MA VV 05/14/2026 HJ 13 P. 27

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.