TO AMEND THE ARKANSAS PHARMACY BENEFITS MANAGER LICENSURE ACT; AND TO CREATE THE PHARMACY SERVICES ADMINIST...
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SB 593 — TO AMEND THE ARKANSAS PHARMACY BENEFITS MANAGER LICENSURE ACT; AND TO CREATE THE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATION ACT.
Last action — Sine Die adjournment
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Bill Text
- SB 593 View text Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill establishes the Pharmacy Services Administrative Organization Act and amends the Arkansas Pharmacy Benefits Manager Licensure Act to include new definitions and requirements for pharmacy services administrative organizations.
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Arkansas Code § 23-92-503(12)
an organization that helps community pharmacies and pharmacy benefits managers or third-party payers achieve administrative and economic efficiencies, including contracting, reimbursement, and payment efficiencies;→ an organization that helps community pharmacies and pharmacy benefits managers or third-party payers achieve administrative and economic efficiencies;The definition of 'pharmacy services administrative organization' is clarified by removing some specific examples of efficiencies.
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Arkansas Code § 23-92-503
(16)(A) "Pharmacy benefits manager national contract to pharmacies" means a standardized agreement entered into by a pharmacy benefits manager and a network of pharmacies across the United States in which a pharmacy is, either directly or indirectly, passed through a pharmacy services administrative organization to agree to certain pricing terms and conditions if that pharmacy is included within a pharmacy benefits manager network. (B) "Pharmacy benefits manager national contract to pharmacies" includes a nationwide network of pharmacies that have entered into a contract for national reimbursement rates, terms, and conditions that are not Arkansas-specific with a pharmacy benefits manager to provide pharmacist services, including without limitation dispensing medications to a patient within the pharmacy benefits manager network;
New definitions for national contracts between pharmacy benefits managers and pharmacies are added.
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Arkansas Code § 23-92-503
(17) "Pharmacy services administrative organization contracting" means an agreement between a pharmacy or pharmacist with a pharmacy benefits manager and other healthcare payors for a health benefit plan.
A definition for 'pharmacy services administrative organization contracting' is newly established.
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Arkansas Code Title 23, Chapter 99
Subchapter 20 — Pharmacy Services Administrative Organization Act
A new subchapter titled Pharmacy Services Administrative Organization Act is added to the Arkansas Code.
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Arkansas Code § 23-99-2001
This subchapter shall be known and may be cited as the "Pharmacy Services Administrative Organization Act".
The new subchapter is formally titled, defining it legally.
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Arkansas Code § 23-99-2002
(1) "Health benefit plan" means the same as defined in § 23-92-503; (2) "Healthcare payor" means the same as defined in § 23-92-503; (3) "Pharmacy benefits manager" means the same as defined in § 23-92-503; (4) "Pharmacy benefits manager national contract to pharmacies" means the same as defined in § 23-92-503; (5) "Pharmacy services administrative organization" means the same as defined in § 23-92-503; (6) "Pharmacy services administrative organization contracting" means the same as defined in § 23-92-503; (7) "Pharmacy services administrative organization-pharmacy contract" means a contractual agreement between a pharmacy services administrative organization and a pharmacy by which a pharmacy services administrative organization agrees to negotiate with a pharmacy benefits manager and other healthcare payors for health benefit plans on behalf of a pharmacy or pharmacist and to provide other services as stated in the pharmacy services administrative organization-pharmacy contract.
Definitions relevant to the new subchapter are integrated from the existing Arkansas Code to ensure consistency.
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Arkansas Code § 23-99-2003
A pharmacy services administrative organization shall not provide any service in Arkansas without being registered with the State Insurance Department under this subchapter.
Registration requirements for pharmacy services administrative organizations are established.
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Arkansas Code § 23-99-2004
Beginning on or before March 1, 2026, a pharmacy services administrative organization shall file with the Insurance Commissioner an annual report for the preceding calendar year.
An annual reporting requirement for pharmacy services administrative organizations is mandated.
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Arkansas Code § 23-99-2005
A pharmacy benefits manager shall offer and include in any existing pharmacy services administrative organization a separate Arkansas-based amendment that complies with the Arkansas Pharmacy Benefits Manager Licensure Act, § 23-92-501 et seq., and other state laws on or before January 1, 2026.
A requirement for pharmacy benefits managers to comply with Arkansas-specific amendments is introduced.
Action History
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Sine Die adjournment
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Recommended for study in the Interim Committee on INSURANCE & COMMERCE - SENATE
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Returned by the Committee, with the recommendation that it Do Pass
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Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE
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Filed
Sponsors
- Brandon Achor · Primary
- Justin Boyd · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 136 not signed on
Sponsors (2)
Co-sponsors (0)
None.
Not signed on (136)
136 members have not signed on to this bill.
Show all 136 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 593?
- SB 593 is sponsored by Brandon Achor and Justin Boyd.
- What is the current status of SB 593?
- This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 593?
- Track SB 593 free on One Click Politics — get push/email alerts when it moves.
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