Pharmacy Benefit Prompt Act; revise.

An Act To Amend Section 73-21-151, Mississippi Code Of 1972, To Reference New Sections In The Pharmacy Benefit Prompt Pay Act; To Amend Section 73-21-153, Mississippi Code Of 1972, To Define New Terms And Revise The Definitions Of Existing Terms Under The Pharmacy Benefit Prompt Pay Act; To Amend Section 73-21-155, Mississippi Code Of 1972, To Delete Definitions For "clean Claim" And "network Pharmacy", Which Are Included In The Definitions Section; To Amend Section 73-21-156, Mississippi Code Of 1972, To Require Pharmacy Benefit Managers To Provide Reasonable Administrative Appeal Procedures To Allow Pharmacies To Challenge A Reimbursement For A Specific Drug Or Drugs As Being Below The Reimbursement Rate Required By The Preceding Provision; To Provide That If The Appeal Is Upheld, The Pharmacy Benefit Manager Shall Make The Change In The Payment To The Required Reimbursement Rate For That Pharmacy; To Amend Section 73-21-157, Mississippi Code Of 1972, To Require A Pharmacy Services Administrative Organization (psao) To Be Licensed By The State Board Of Pharmacy; To Require A Psao To Provide To A Pharmacy Or Pharmacist A Copy Of Any Contract Entered Into On Behalf Of The Pharmacy Or Pharmacist By The Psao; To Create New Section 73-21-158, Mississippi Code Of 1972, To Prohibit A Pharmacy Benefit Manager, Psao, Carrier Or Health Plan From Spread Pricing; To Prohibit Pharmacy Benefit Managers From Reimbursing A Pharmacy Or Pharmacist In The State An Amount Less Than The Amount Reimbursed To A Pharmacy Benefit Manager Affiliate For The Same Drug; To Provide That Pharmacy Benefit Managers And Health Plans Are Not Prohibited From Applying Bona Fide Volume-based Discounts, Rebates Or Other Price Concessions To In-network Pharmacies On Terms Equal To Similarly Situated In-network Pharmacies, Including Pharmacy Benefit Manager Affiliate Pharmacies; To Create New Section 73-21-162, Mississippi Code Of 1972, To Prohibit Pharmacy Benefit Managers, Pharmacy Benefit Manager Affi