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.

SB 604 requires pharmacy services organizations (like administrative groups that handle pharmacy data) to destroy any pharmacy cost information they receive within five business days of a written request from the pharmacy that shared it. This applies directly to pharmacies and the organizations they contract with for services. The bill amends Tennessee law to prevent these organizations from retaining or disclosing shared pharmacy data without the original pharmacy's explicit consent for destruction. It creates a clear, time-bound process for pharmacies to control their own shared information.