Insurance, Health, Accident - As introduced, requires a pharmacy services administrative organization or similar entity that receives maximum allowable cost list or related information from a contracted pharmacy to destroy the shared information within five business days of receipt of a written request for destruction from the sharing pharmacy. - Amends TCA Title 4 and Title 56.

HB 614 requires pharmacy services administrative organizations (like those managing cost data) to destroy pharmacy cost information within five business days of a written request from the pharmacy that shared it. The bill also prohibits these organizations from disclosing the shared information to third parties. It directly affects pharmacies that contract with such organizations and share maximum allowable cost lists, giving them greater control over sensitive data. The law amends Tennessee Code Sections 56-7-3111 to establish these specific data-handling requirements.