AN ACT CONCERNING PRESCRIPTION DRUG REIMBURSEMENT RATES TO PHARMACIES.

HB 5591 requires health insurance companies in the state to pay the same prescription drug reimbursement rate to all pharmacies, eliminating varying payment rates based on pharmacy location or size. This directly affects pharmacies (particularly independent or rural ones that may have received lower rates) and health insurance companies. The key mechanism is mandating a uniform payment rate for covered drugs across all pharmacies within the state. The bill aims to create consistency in how insurers compensate pharmacies for dispensing medications.