Amend Bill, page 4, lines 23 through 30, by striking out all
of said lines and inserting
(d) A health insurer shall include the aggregate amount of
rebates it has received from pharmacy benefit managers or drug
manufacturers for the preceding calendar year in its annual
statement filed with the department. The department shall verify
that all such rebates are passed on to an insurer's customer in
any rate filing with the department.
(e) Pharmacy benefit manager or insurer contracts with
pharmacies may not contain a provision that prohibits
pharmacists from disclosing information to a customer that would
reduce the customer's out-of-pocket costs for prescription
drugs.
Amend Bill, page 5, line 1, by striking out "The commission,
in conjunction with the" and inserting
The
Amend Bill, page 5, line 2, by striking out the comma after
"Department"
Amend Bill, page 5, line 4, by inserting after "section."
The department may only include in the public report the
aggregate amount of rebates paid for each drug and shall not
disclose the identity of any individual payer.
(g) For purposes of this section , the term "manufacturer"
does not include a person that engages in a business that only
repackages or relabels prescription drugs.
Section 2. This act shall apply to any new or renewed
contract on or after January 1, 2018.
Amend Bill, page 5, line 5, by striking out "2" and inserting
3
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