TN HB0614

Pharmacy Services

Introduced House Ron Travis (R)
Plain English Summary

This bill requires organizations that manage pharmacy services and receive pricing information from pharmacies to destroy that information if the pharmacy requests it in writing. The destruction must occur within five business days of the request. This applies to entities that handle maximum allowable cost lists or similar data.

Supporters Say

Supporters say this bill protects pharmacies by ensuring their sensitive pricing information is not indefinitely retained by third-party organizations. It provides pharmacies with greater control over their proprietary data, helping to safeguard their business interests.

Critics Say

Critics argue that the bill could create administrative burdens for pharmacy services organizations, potentially disrupting services. They may also claim that this requirement could lead to inefficiencies and increased costs, which might ultimately affect consumers.

Conflict of Interest Analysis Personal Interests
2/10
Risk Level
Low
Policy Area
Health
Industry Overlap
0%
Personal Conflicts
0 found

The analysis of HB0614, which pertains to pharmacy services and the handling of maximum allowable cost lists, shows no direct overlap with Representative Ron Travis's personal financial interests. His primary occupation as an insurance agent and owner of an insurance agency does not directly intersect with the pharmaceutical or pharmacy services industries. While the insurance sector can be tangentially related to healthcare costs, the specific focus of the bill on pharmacy services administrative organizations does not suggest a direct financial benefit to his insurance business. Additionally, his other financial assets, such as those in banking and rental properties, do not align with the bill's subject matter. Therefore, the risk of a conflict of interest is considered low.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Insurance Agent AI-researched
Employer Owner of Ron Travis Insurance Agency TN Legislature bio
Business Owner Owner of Ron Travis Insurance Agency TN Legislature bio
Employer RENTAL PROPERTY TN Ethics Commission
Asset AXOS BANK TN Ethics Commission
Asset PRUDENTIAL TN Ethics Commission
Asset MARCUS BANK; BARCLAYS US; 1ST FARMERSAND COMMERCIAL BANK TN Ethics Commission
Asset EDWARDS JONES TN Ethics Commission
Asset FIRST FARNERS AND COMMERCIAL BANK TN Ethics Commission
Asset SOUTHEAST BANK TN Ethics Commission
Occupation Other, INSURANCE AGENTand Spouse TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.