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SB24-077

Prescription Drug Manufacturer Requirements

Type Bill
Session 2024 Regular Session
Subjects
Health Care & Health Insurance

Concerning prescription drug manufacturer requirements under the jurisdiction of the commissioner of insurance.

Bill Summary:

The bill requires each manufacturer of a prescription drug that is available for purchase in this state (manufacturer) to register with and pay a fee to the division of insurance.

The bill requires a manufacturer to offer a copayment assistance program to a covered person, either for the entire plan year or for the calendar year, whichever the deductible and out-of-pocket calculation applies to, for as long as the covered person is enrolled in the health benefit plan.

A manufacturer that violates the requirements commits an unfair method of competition and an unfair or deceptive act or practice in the business of insurance.


(Note: This summary applies to this bill as introduced.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
01/22/2024 Introduced PDF
Date Version Documents
07/17/2024 FN2 PDF
02/15/2024 FN1 PDF
Activity Vote Documents
Adopt amendment L.015 (Attachment E). The motion passed on a vote of 5-3. Vote summary
Adopt amendment L.008 (Attachment F). The motion passed without objection. Vote summary
Adopt amendment L.006 (Attachment G). The motion passed without objection. Vote summary
Adopt amendment L.009 (Attachment H). The motion passed on a vote of 5-3. Vote summary
Adopt amendment L.016 (Attachment I). The motion passed without objection. Vote summary
Adopt amendment L.013 (Attachment J). The motion passed without objection. Vote summary
Refer Senate Bill 24-077, as amended, to the Committee on Finance. The motion failed on a vote of 4-5. Vote summary
Postpone Senate Bill 24-077 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 5-4. Vote summary
Activity Vote Documents
Activity Vote Documents
Date Amendment Number Committee/ Floor Hearing Status Documents
03/07/2024 L.013 SEN Health & Human Services Passed [*] PDF
03/07/2024 L.016 SEN Health & Human Services Passed [*] PDF
03/07/2024 L.009 SEN Health & Human Services Passed [*] PDF
03/07/2024 L.006 SEN Health & Human Services Passed [*] PDF
03/07/2024 L.008 SEN Health & Human Services Passed [*] PDF
03/07/2024 L.015 SEN Health & Human Services Passed [*] PDF
Date Location Action
03/07/2024 Senate Senate Committee on Health & Human Services Postpone Indefinitely
02/21/2024 Senate Senate Committee on Health & Human Services Witness Testimony and/or Committee Discussion Only
01/22/2024 Senate Introduced In Senate - Assigned to Health & Human Services

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