SB 38-PHARMACY BENEFITS MANAGERS  9:18:15 AM CHAIR COSTELLO announced the consideration of SB 38 and noted the proposed committee substitute (CS). 9:18:29 AM SENATOR MEYER moved to adopt the work draft CS for SB 38, 30- LS0190\D, as the working document. CHAIR COSTELLO objected for an explanation. 9:18:49 AM NATASHA MCCLENAHAN, Staff, Senator Mia Costello, Alaska State Legislature, Juneau, Alaska, presented the following changes from version A to version D for SB 38. • Page 6, Lines 22-25: Changes language in relation to pharmacies' appeals of pharmacy benefits manager's reimbursements for multi-source generic drugs below pharmacy acquisition cost in which a pharmacy benefits manager may grant a network pharmacy's appeal. • Removes unrequired language that referenced a definition for the board of pharmacy. • Page 9, Line 6 updates language to correctly reference AS 21.97.900(27). • Updates the effective date provision to reflect July 1, 2019. 9:19:33 AM CHAIR COSTELLO removed her objection and version D was adopted. SENATOR MICCICHE asked Mr. Holt to speak to the changes. 9:20:33 AM RICHARD HOLT, Chair, Board of Pharmacy, Anchorage, Alaska, stated support for SB 38 on behalf of the Board of Pharmacy. SENATOR MICCICHE asked if the board specifically supports the committee substitute, version D. MR. HOLT confirmed the board approves of the changes in version D. 9:21:18 AM At ease 9:21:54 AM CHAIR COSTELLO reconvened the meeting. 9:22:04 AM SENATOR MEYER moved to report the CS for SB 38, version D, from committee with individual recommendations and attached fiscal note(s). 9:22:19 AM CHAIR COSTELLO announced that without objection, CSSB 38(L&C) moves from the Senate Labor and Commerce Standing Committee