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SB 3 IN
Became Law

Fiduciary duty in health plan administration.

IN · session 2025 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 14, 2025

Latest action (Apr 16, 2025) Signed by the Governor

Summary

Provides that any third party administrator or pharmacy benefit manager acting on behalf of a plan sponsor owes a fiduciary duty to the plan sponsor.

Sponsors (4)

3 coauthors / cosponsors

Action history (25)

  1. Jan 14, 2025 First reading: referred to Committee on Health and Provider Services · upper
  2. Jan 14, 2025 Authored by Senator Busch · upper
  3. Jan 16, 2025 Senator Garten added as third author · upper
  4. Jan 16, 2025 Senator Johnson T added as coauthor · upper
  5. Jan 16, 2025 Senator Charbonneau added as second author · upper
  6. Jan 29, 2025 Committee report: amend do pass, adopted · upper
  7. Feb 13, 2025 Second reading: ordered engrossed · upper
  8. Feb 13, 2025 Senator Randolph added as coauthor · upper
  9. Feb 17, 2025 Third reading: passed; Roll Call 134: yeas 47, nays 0 · upper
  10. Feb 17, 2025 House sponsor: Representative Carbaugh · upper
  11. Feb 18, 2025 Referred to the House · upper
  12. Mar 3, 2025 First reading: referred to Committee on Insurance · lower
  13. Mar 13, 2025 Representative Campbell added as cosponsor · lower
  14. Mar 25, 2025 Committee report: amend do pass, adopted · lower
  15. Mar 27, 2025 Amendment #1 (Campbell) failed; Roll Call 317: yeas 28, nays 61 · lower
  16. Mar 27, 2025 Second reading: ordered engrossed · lower
  17. Mar 31, 2025 Third reading: passed; Roll Call 329: yeas 89, nays 0 · lower
  18. Apr 1, 2025 Motion to concur filed · upper
  19. Apr 1, 2025 Returned to the Senate with amendments · lower
  20. Apr 3, 2025 Senate concurred with House amendments; Roll Call 337: yeas 48, nays 0 · upper
  21. Apr 8, 2025 Signed by the Speaker · lower
  22. Apr 9, 2025 Signed by the President of the Senate · upper
  23. Apr 8, 2025 Signed by the President Pro Tempore · upper
  24. Apr 16, 2025 Public Law 69 · upper
  25. Apr 16, 2025 Signed by the Governor · executive
Subjects
AGENCIES; Department of Insurance (IDOI)HEALTH; Behavioral Health; GenerallyHEALTH; Billing and CostsINSURANCE; Health InsuranceLABOR AND EMPLOYMENT; Collective Bargaining, Benefits, and Wages

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