WatchGov

Virginia bills · 2026 Regular Session

Virginia SB 669

Pharmacy benefits managers; requirements, application of law, report, delayed effective date.

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

Sponsors

Cosponsors (1)

Summary

Official abstract published by the Virginia legislature· SUMMARY AS PASSED

Pharmacy benefits managers; requirements; scope; report. Requires all health insurance carriers to use the pass-through pricing model and may limit a pharmacy benefits manager from deriving income from pharmacy benefits management services provided to a carrier except for income derived from a pharmacy benefits management fee. The bill prohibits a pharmacy benefits manager from (i) reversing and or resubmitting the claim of a pharmacist or pharmacy without meeting certain requirements, (ii) reducing any payment to a pharmacist or pharmacy to an effective rate of reimbursement, or (iii) retroactively denying or reducing a claim or aggregate of claims except under certain circumstances. The bill requires the State Corporation Commission (the Commission) to examine the practice of carriers or pharmacy benefits managers requiring or inducing covered individuals to utilize pharmacy services at an affiliated pharmacy. The Commission is required to report its findings and recommendations to the General Assembly by December 1, 2027. Certain provisions of the bill have a delayed effective date of July 1, 2027. This bill incorporates SB 410 and SB 413 and is identical to HB 830.

Text versions

Roll-call votes

State vote data last updated Oct 15, 2026, 4:19 PM.

DateVoteResultYour legislators
Feb 27, 2026
Senate
Concur House Substitute RpassSet your home in Virginia to see
Feb 25, 2026
House
H VOTE:passSet your home in Virginia to see
Feb 19, 2026
House
Reported from Labor and Commerce with substitutepassSet your home in Virginia to see
Feb 6, 2026
Senate
Passage RpassSet your home in Virginia to see
Feb 4, 2026
Senate
Constitutional reading dispensed RpassSet your home in Virginia to see
Feb 3, 2026
Senate
Reported from Finance and AppropriationspassSet your home in Virginia to see
Jan 26, 2026
Senate
Reported from Commerce and Labor with substitutepassSet your home in Virginia to see

Actions