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Prescription Drug Manufacturer Requirements

Concerning prescription drug manufacturer requirements under the jurisdiction of the commissioner of insurance.
2024 Regular Session
Health Care & Health 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.)




Bill Text


Sponsor Type Legislators
Prime Sponsor

Sen. S. Jaquez Lewis, Sen. D. Michaelson Jenet
Rep. K. McCormick



The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details