SB 3 IN Became Law
Fiduciary duty in health plan administration.
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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)
- Justin Busch Republican · author
- Ed Charbonneau Republican · author
- Chris Garten Republican · author
- Martin Carbaugh Republican · sponsor
3 coauthors / cosponsors
- Tyler Johnson Republican · coauthor
- Lonnie Randolph Democratic · coauthor
- Chris Campbell Democratic · cosponsor
Action history (25)
- Jan 14, 2025 First reading: referred to Committee on Health and Provider Services · upper
- Jan 14, 2025 Authored by Senator Busch · upper
- Jan 16, 2025 Senator Garten added as third author · upper
- Jan 16, 2025 Senator Johnson T added as coauthor · upper
- Jan 16, 2025 Senator Charbonneau added as second author · upper
- Jan 29, 2025 Committee report: amend do pass, adopted · upper
- Feb 13, 2025 Second reading: ordered engrossed · upper
- Feb 13, 2025 Senator Randolph added as coauthor · upper
- Feb 17, 2025 Third reading: passed; Roll Call 134: yeas 47, nays 0 · upper
- Feb 17, 2025 House sponsor: Representative Carbaugh · upper
- Feb 18, 2025 Referred to the House · upper
- Mar 3, 2025 First reading: referred to Committee on Insurance · lower
- Mar 13, 2025 Representative Campbell added as cosponsor · lower
- Mar 25, 2025 Committee report: amend do pass, adopted · lower
- Mar 27, 2025 Amendment #1 (Campbell) failed; Roll Call 317: yeas 28, nays 61 · lower
- Mar 27, 2025 Second reading: ordered engrossed · lower
- Mar 31, 2025 Third reading: passed; Roll Call 329: yeas 89, nays 0 · lower
- Apr 1, 2025 Motion to concur filed · upper
- Apr 1, 2025 Returned to the Senate with amendments · lower
- Apr 3, 2025 Senate concurred with House amendments; Roll Call 337: yeas 48, nays 0 · upper
- Apr 8, 2025 Signed by the Speaker · lower
- Apr 9, 2025 Signed by the President of the Senate · upper
- Apr 8, 2025 Signed by the President Pro Tempore · upper
- Apr 16, 2025 Public Law 69 · upper
- 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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