Dispensing fee requirements on health plan companies providing prescription coverage provision

This bill requires health insurance companies that provide prescription drug coverage to pay pharmacies a minimum dispensing fee equal to the current rate set by Minnesota law (256B.0625, subd. 13e). It directly affects private health plan companies offering prescription coverage, ensuring they compensate pharmacies at a standardized minimum rate. The bill does not apply to government programs like MinnesotaCare or medical assistance plans. The key provision mandates that all covered health plans pay at least this established fee for dispensing prescription drugs.