# Alaska SB 134: PHARMACY BENEFITS MANAGER;3RD PARTY ADMIN Alaska SB 134, PHARMACY BENEFITS MANAGER;3RD PARTY ADMIN, is a 34th Legislature (2025-2026) Senate bill sponsored by Cathy Giessel (Republican); status failed, last action 2025-05-17 ((H) REFERRED TO RULES); PRIA reads it as touching household money (as of 2026-11-04). - Canonical: https://policyrisk.com/state-bill/AK-SB134-34 - As of: 2026-11-04 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Alaska SB 134 - State: Alaska - Session: 34th Legislature (2025-2026) - Title: PHARMACY BENEFITS MANAGER;3RD PARTY ADMIN - Status: failed - Chamber: Senate - Introduced: 2025-03-18 - Last action: 2025-05-17, (H) REFERRED TO RULES - Sponsor: Cathy Giessel (Republican) - Cosponsors: 0 - Touches household money: yes - Economic provisions PRIA read: 5 ## Summary No summary available. ## Bill overview: provisions PRIA read - Patients can face uncovered pharmacy fees: cost, low. Beginning January 1, 2026, insurers and pharmacy benefits managers cannot stop pharmacies from charging for products or services your policy excludes. You may have to pay these fees out of pocket. This rule applies only to products or services not covered by your policy. The law sets no fee amount. - Insurance administrators must get Alaska licenses: cost, low. Beginning January 1, 2026, Alaska replaces registration with licensing for third-party insurance administrators. Most must meet application, qualification, renewal, and enforcement rules to operate. Insurers must use Alaska-licensed administrators; the alternative based on registration in another j… - Insurance managers face reviews and charges: cost, low. Beginning January 1, 2026, Alaska's insurance director can examine or investigate third-party administrators and pharmacy benefits managers when needed. Examined administrators must pay a reasonable hourly charge for work directly or indirectly related to the examination. The rate includes staff sa… - Pharmacy managers face licensing and fees: cost, low. Beginning January 1, 2026, pharmacy benefits managers need an Alaska license for business tied to Alaska residents, locations, or activities. Network managers are covered regardless of ownership, and each unlicensed day carries a separate maximum civil penalty. Applicants must show trustworthiness,… - Compliance officers get licensing exam relief: mixed, low. Beginning January 1, 2026, an administrator's designated compliance officer cannot use the usual employee exemption from administrator licensing. That officer must meet the licensing requirement. However, compliance officer applicants for third-party administrators and pharmacy benefits managers do… ## Sponsors and cosponsors - Sponsor: Cathy Giessel (Republican), Senate ## Actions (53) - 2025-05-17: (H) REFERRED TO RULES (House) - 2025-05-17: (H) L&C REFERRAL REMOVED (House) - 2025-05-16: (H) FN1: ZERO(CED) (House) - 2025-05-16: (H) NR: PRAX (House) - 2025-05-16: (H) DP: FIELDS, GRAY, RUFFRIDGE, MINA (House) - 2025-05-16: (H) HSS RPT HCS(HSS) 4DP 1NR (House) - 2025-05-15: (H) Minutes (HHSS) (House) - 2025-05-15: (H) Moved HCS SB 134(HSS) Out of Committee -- Delayed to 4:15 pm -- (House) - 2025-05-15: (H) HEALTH & SOCIAL SERVICES at 03:15 PM DAVIS 106 (House) - 2025-05-15: Audio/Video (House) - 2025-05-14: (H) HSS, L&C (House) - 2025-05-14: (H) READ THE FIRST TIME - REFERRALS (House) - 2025-05-13: (H) Minutes (HHSS) (House) - 2025-05-13: (H) (House) - 2025-05-13: (H) HEALTH & SOCIAL SERVICES at 03:15 PM DAVIS 106 (House) - 2025-05-13: (S) VERSION: SB 134 (Senate) - 2025-05-13: (S) TRANSMITTED TO (H) (Senate) - 2025-05-13: (S) EFFECTIVE DATE(S) SAME AS PASSAGE (Senate) - 2025-05-13: (S) PASSED Y20 N- (Senate) - 2025-05-13: (S) READ THE THIRD TIME SB 134 (Senate) - 2025-05-13: Audio/Video (House) - 2025-05-12: (S) ADVANCED TO THIRD READING 5/13 CAL (Senate) - 2025-05-12: (S) READ THE SECOND TIME (Senate) - 2025-05-12: (S) RULES TO CALENDAR 5/12/2025 (Senate) - 2025-05-07: (S) FN1: ZERO(CED) (Senate) - 2025-05-07: (S) NR: YUNDT (Senate) - 2025-05-07: (S) DP: BJORKMAN, DUNBAR, MERRICK, GRAY-JACKSON (Senate) - 2025-05-07: (S) L&C RPT 4DP 1NR (Senate) - 2025-05-05: (S) Minutes (SL&C) (Senate) - 2025-05-05: (S) Moved SB 134 Out of Committee (Senate) - 2025-05-05: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate) - 2025-05-05: Audio/Video (House) - 2025-04-30: (S) Minutes (SL&C) (Senate) - 2025-04-30: (S) Heard & Held (Senate) - 2025-04-30: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate) - 2025-04-30: Audio/Video (House) - 2025-04-18: (S) FN1: ZERO(CED) (Senate) - 2025-04-18: (S) DP: DUNBAR, HUGHES, GIESSEL, TOBIN (Senate) - 2025-04-18: (S) HSS RPT 4DP (Senate) - 2025-04-15: (S) Minutes (SHSS) (Senate) - 2025-04-15: (S) Moved SB 134 Out of Committee (Senate) - 2025-04-15: (S) HEALTH & SOCIAL SERVICES at 03:30 PM BUTROVICH 205 (Senate) - 2025-04-15: Audio/Video (House) - 2025-04-03: (S) Minutes (SHSS) (Senate) - 2025-04-03: (S) Heard & Held -- Agenda Change -- (Senate) - 2025-04-03: (S) HEALTH & SOCIAL SERVICES at 03:30 PM BUTROVICH 205 (Senate) - 2025-04-03: Audio/Video (House) - 2025-04-01: (S) Minutes (SHSS) (Senate) - 2025-04-01: (S) Heard & Held -- Agenda Change -- (Senate) - 2025-04-01: (S) HEALTH & SOCIAL SERVICES at 03:30 PM BUTROVICH 205 (Senate) - 2025-04-01: Audio/Video (House) - 2025-03-18: (S) HSS, L&C (Senate) - 2025-03-18: (S) READ THE FIRST TIME - REFERRALS (Senate) ## Bill text - HCS SB 134(HSS), 2025-05-16: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0134B), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0134B.PDF) - SB 134, 2025-03-18: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0134A), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0134A.PDF) ## Related bills - SB 104: VEHICLES/BOATS: TRANSFER ON DEATH TITLE (became law) - SB 86: MONEY TRANSMISSION; VIRTUAL CURRENCY (became law) - HB 265: APPROP: MENTAL HEALTH BUDGET (signed) - HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP (signed) - HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY (became law) - HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING (became law) ## Sources - [HCS SB 134(HSS) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0134B) - [HCS SB 134(HSS) (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0134B.PDF) - [SB 134 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0134A) - [SB 134 (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0134A.PDF) ## Related - [SB 104: VEHICLES/BOATS: TRANSFER ON DEATH TITLE](https://policyrisk.com/state-bill/AK-SB104-34) - [SB 86: MONEY TRANSMISSION; VIRTUAL CURRENCY](https://policyrisk.com/state-bill/AK-SB86-34) - [HB 265: APPROP: MENTAL HEALTH BUDGET](https://policyrisk.com/state-bill/AK-HB265-34) - [HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP](https://policyrisk.com/state-bill/AK-HB263-34) - [HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY](https://policyrisk.com/state-bill/AK-HB239-34) - [HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING](https://policyrisk.com/state-bill/AK-HB246-34) - [Alaska bills](https://policyrisk.com/states/alaska/bills) - [Alaska state hub](https://policyrisk.com/states/alaska) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/AK-SB134-34 (as of 2026-11-04).