No contract with an entity that will not agree to release information
What the document says“shall not enter into a contract, including an extension or renewal of a contract, entered into on or after the effective date, with an applicable entity unless such applicable entity agrees to-- ``(1) not limit or delay the disclosure of information to the group health plan”
Section 6701 adds a new section 2799A-11 to the Public Health Service Act, and the same requirements as section 726 of the Employee Retirement Income Security Act of 1974 and section 9826 of the Internal Revenue Code of 1986. For plan years beginning 30 months or more after enactment, a group health plan, an issuer, or an entity providing pharmacy benefit management services may not enter, extend or renew a contract with an applicable entity unless that entity agrees not to limit or delay disclosure in a way that prevents the required reports, and to provide the information needed to make them.
What the document actually says“shall not enter into a contract, including an extension or renewal of a contract, entered into on or after the effective date, with an applicable entity unless such applicable entity agrees to-- ``(1) not limit or delay the disclosure of information to the group health plan”
No new deal may be signed with such a firm unless it agrees to one thing. It must not hold back or slow down what the plan is told.
A drug maker or a rebate firm can bind a middleman to silence. Then the plan cannot be told what it paid. This bars deals with that term in them.
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