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SB 131 IN
Passed One Chamber

Disclosures related to prescription drugs.

IN · session 2021 · Senate · bill

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Introduced Jan 5, 2021

Latest action (Mar 4, 2021) First reading: referred to Committee on Financial Institutions and Insurance

Summary

Beginning January 1, 2022, requires a state employee health plan, a policy of accident and sickness insurance, and a health maintenance organization contract to provide to a covered individual the maximum allowable cost of a generic drug on the written materials provided at the point of sale. Provides that if an agreement between a health plan and a pharmacy benefit manager that is entered into or renewed after December 31, 2021, provides that less than 85% of the estimated rebates will be deducted from the cost of prescription drugs before a covered individual's cost sharing requirement is determined, the pharmacy benefit manager must provide the policyholder with a notice on an annual basis that includes: (1) an explanation of what a rebate is; (2) an explanation of how rebates accrue to the health plan from the manufacturer; and (3) the aggregate amount of rebates that accrued to the health plan for prescription drugs dispensed under the policyholder's health plan for the previous year.

Sponsors (4)

9 coauthors / cosponsors

Action history (21)

  1. Jan 5, 2021 Authored by Senators Walker K and Bohacek · upper
  2. Jan 5, 2021 First reading: referred to Committee on Insurance and Financial Institutions · upper
  3. Jan 12, 2021 Senator Bohacek removed as second author · upper
  4. Jan 12, 2021 Senator Walker K removed as author · upper
  5. Jan 12, 2021 Senator Bohacek added as author · upper
  6. Jan 12, 2021 Senator Alting added as second author · upper
  7. Jan 12, 2021 Senator Walker K added as third author · upper
  8. Jan 28, 2021 Senator Freeman added as coauthor · upper
  9. Feb 1, 2021 Senator Baldwin added as coauthor · upper
  10. Feb 4, 2021 Senator Doriot added as coauthor · upper
  11. Feb 4, 2021 Senator Grooms added as coauthor · upper
  12. Feb 4, 2021 Senator Randolph added as coauthor · upper
  13. Feb 4, 2021 Committee report: amend do pass, adopted · upper
  14. Feb 18, 2021 Amendment #5 (Bohacek) prevailed; voice vote · upper
  15. Feb 18, 2021 Second reading: amended, ordered engrossed · upper
  16. Feb 18, 2021 Senators Charbonneau and Becker added as coauthors · upper
  17. Feb 22, 2021 Cosponsors: Representatives Davisson and Pressel · upper
  18. Feb 22, 2021 House sponsor: Representative Vermilion · upper
  19. Feb 22, 2021 Third reading: passed; Roll Call 150: yeas 32, nays 17 · upper
  20. Feb 23, 2021 Referred to the House · upper
  21. Mar 4, 2021 First reading: referred to Committee on Financial Institutions and Insurance · lower
Subjects
DRUGS AND MEDICINESHEALTH, Health Care Costs; Health InsuranceHEALTH, Health Maintenance Organizations

Text versions (3)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Engrossed Senate Bill (S) · Feb 18, 2021 · PDF
  • Introduced Senate Bill (S) · Jan 4, 2021 · PDF
  • Senate Bill (S) · Feb 4, 2021 · PDF

Full text

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Data from OpenStates. View on OpenStates →