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Read. Follow. Verify.Missouri House Bill 1975 Regulates Pharmacy Benefits Managers' Reimbursement Rates and Contracting Practices
Last action · March 12, 2026: HCS Reported Do Pass (H)Sponsors: Bennie Cook and 2 others
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What This Bill Would Do
House Bill 1975 prohibits s from reimbursing Missouri pharmacies below the , restricts discriminatory network penalty practices, and establishes mandatory appeal processes for pricing disputes.
Local pharmacies are guaranteed minimum reimbursement thresholds for prescription drugs and dispensing fees tied to state health program standards, while health plan members retain freedom of choice in selecting participating pharmacies without financial penalties imposed by intermediaries.
- Pharmacy benefits managers act as intermediaries between health insurance plans and pharmaceutical manufacturers, administering prescription drug programs and negotiating pricing. context
- House Bill 1975 was introduced in the Missouri House of Representatives during the 2026 Regular Session by Representative Bennie Cook. context
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Pharmacies located in Missouri
Pharmacies are guaranteed minimum reimbursement floors equal to the National Average Drug Acquisition Cost, gain the right to appeal pricing disputes within 14 days, and receive standardized dispensing fees.
Pharmacy benefits managers
Pharmacy benefits managers face strict operational restrictions on reimbursement rates, mandatory seven-day pricing updates, parity payment requirements with affiliates, and prohibitions against restricting consumer pharmacy choice.
Covered persons
Health plan members are protected from monetary penalties or limitations when selecting a pharmacy or pharmacist of their choice.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
Can a pharmacy benefits manager penalize patients for choosing a specific local pharmacy?
How often must pharmacy benefits managers update their maximum allowable cost pricing lists?
What is the timeline for a pharmacy to appeal a reimbursement dispute?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
8 actions- Mar 12, 2026HouseCommitteeHCS Reported Do Pass (H)
- Mar 12, 2026HouseCommitteeHCS Voted Do Pass (H)
- Mar 12, 2026HouseExecutive Session Completed (H)
- Feb 12, 2026HousePublic Hearing Completed (H)
- Jan 22, 2026HouseCommitteeReferred: Health and Mental Health(H)
- Jan 8, 2026HouseFloorRead Second Time (H)
Show 2 earlier actions
- Jan 7, 2026HouseIntroducedRead First Time (H)
- Dec 1, 2025HouseIntroducedPrefiled (H)
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Mandatory Pricing Parity for Affiliates
The bill shifts state oversight by requiring pharmacy benefits managers to reimburse any independent Missouri pharmacy at the exact same rate they pay their own wholly or partially owned affiliates for the same drug.
Connected Entities
Sources
house.mo.gov
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy65Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz40Current news / social attention level
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