SB 1574

Bill Subjects

Insurance Public Officers, Employees, And Records Regulation Of Trade, Commerce, Investments, And Subject Index

Abstract

Prescription Drug Price Transparency; Prohibiting permits for prescription drug manufacturers and nonresident prescription drug manufacturers and for certain wholesale distributors of prescription drugs from being renewed unless specified requirements are met; providing reporting requirements for certain entities that engage in wholesale distributions of prescription drugs; providing requirements for notifications by manufacturers of prescription drug price increases under certain circumstances; providing additional requirements for contracts between pharmacy benefit managers and individual health insurers, group health insurers, and health maintenance organizations, respectively, etc.