Pharmacy Benefit Prompt Pay Act; revise.

HB 1672 revised Mississippi's Pharmacy Benefit Prompt Pay Act to improve payment processes for pharmacies. It required pharmacy benefit managers (PBMs) to provide written reasons for claim denials within seven days, prohibit "spread pricing" (charging pharmacies more than they pay), and mandate annual licensing for PBMs and pharmacy services administrators (PSAOs). The bill also created new rules against retaliation toward pharmacists, established a specialty drug committee, and required PBMs to submit annual reports to the State Board of Pharmacy. These changes directly affected pharmacies, PBMs, and PSAOs by increasing transparency and accountability in drug reimbursement. The bill died in committee on February 3, 2026, and did not become law.