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91st General Assembly · Funnel one-pager · Monday, November 9, 2026

SF 315: Relating to pharmacy benefits manager reverse auctions and group insurance for public employees and including effective date provisions

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

What it does

This bill relates to pharmacy benefits manager reverse auctions and group insurance for public employees. “Pharmacy benefits manager reverse auction” (reverse auction) is defined in the bill as a transparent and competitive bidding process conducted online that starts with an opening round of bids and allows qualified pharmacy benefits manager (PBM) bidders to counter-offer a lower price for as many rounds of bidding as determined by the department of administrative services (DAS) for a multiple health plan prescription drug purchasing group.

Sponsors

Health and Human Services committee

Cost

Cost: up to $629,000

According to the DAS, the base contract for a technology platform to conduct a PBM reverse auction and the operator of the platform to provide related services is estimated to cost $629,000 in the first year, and $315,000 in each consecutive year.

House subcommittee · named March 19, 2025

  • Rep. Shannon Lundgren (R) · shannon.lundgren@legis.iowa.gov
  • Rep. Brett Barker (R) · brett.barker@legis.iowa.gov
  • Rep. Elizabeth Wilson (D) · elizabeth.wilson@legis.iowa.gov

Lobbying · 3 for, 1 against

For: Iowa Association of Rural Health Clinics; Iowa Behavioral Health Association (IBHA); Iowa Primary Care Association

Against: Federation of Iowa Insurers

In plain words

  1. January 16, 2025Filed in the Senate and sent to the Health and Human Services committee · as SSB 1017
  2. January 16, 2025Senate subcommittee named: Klimesh, Alons and Petersen · as SSB 1017
  3. January 22, 2025Subcommittee recommended passing it with changes · as SSB 1017
  4. February 12, 2025Approved by the Senate committee, and given a new number: SF 315 · as SSB 1017
  5. February 13, 2025Filed in the Senate
  6. February 13, 2025Approved by the Senate committee
  7. March 17, 2025Cost estimate (fiscal note) posted
  8. March 17, 2025Passed the Senate, 46–0
  9. March 18, 2025Arrived in the House
  10. March 19, 2025House subcommittee named: Lundgren, Barker and Wilson
  11. March 20, 2025Cost estimate (fiscal note) posted
  12. March 25, 2025Subcommittee recommended passing it
  13. April 1, 2025Approved by the House committee
  14. April 1, 2025Committee vote: 20–0

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/91/SF315