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SB 62 IN

Prescription drug rebates and pricing.

IN · session 2021 · Senate · bill

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Introduced Jan 4, 2021

Latest action (Feb 22, 2021) Senator Randolph added as coauthor

Summary

Provides that the defined cost sharing for a prescription drug under a policy of accident and sickness insurance or a health maintenance organization contract must be calculated at the point of sale and based on a price that is reduced by an amount equal to at least 85% of all rebates received by the insurer or health maintenance organization in connection with the dispensing or administration of the prescription drug.

Sponsors (3)
1 coauthor / cosponsor

Action history (5)
  1. Jan 4, 2021 Authored by Senators Becker and Charbonneau · upper
  2. Jan 4, 2021 First reading: referred to Committee on Health and Provider Services · upper
  3. Feb 18, 2021 Committee report: do pass, adopted · upper
  4. Feb 18, 2021 Senator Bohacek added as third author · upper
  5. Feb 22, 2021 Senator Randolph added as coauthor · upper
Subjects
DRUGS AND MEDICINESHEALTH, Health Maintenance OrganizationsINSURANCE, State Department and Agencies

Text versions (2)

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.

  • Senate Bill (S) · Feb 18, 2021 · PDF
  • Introduced Senate Bill (S) · Dec 28, 2020 · PDF

Full text

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Data from OpenStates. View on OpenStates →