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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 2473: Relating to pharmacy benefits managers, pharmacies, and prescription drug benefits, and including applicability provisions

Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.

What it does

This bill relates to pharmacy benefits managers (PBM), pharmacies, and prescription drug benefits. The bill requires that any amount paid by a covered person for a drug in the circumstances detailed in the bill must be applied to any deductible imposed by the covered person’s health benefit plan in accordance with the plan’s coverage documents. Under the bill, a covered person cannot be prohibited from filling a drug order at any pharmacy located in the state if the pharmacy accepts the same terms and conditions as the covered person’s benefit plan.

Sponsors

Not listed

Cost

No fiscal note

Lobbying · 0 for, 1 against

Against: Wellmark, Inc.

In plain words

  1. February 13, 2024Filed in the House and sent to the Commerce committee

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/HF2473