summary
Introduced
01/11/2021
01/11/2021
In Committee
04/05/2021
04/05/2021
Crossed Over
02/22/2021
02/22/2021
Passed
Dead
04/29/2021
04/29/2021
Introduced Session
67th Legislative Assembly
Bill Summary
A BILL for an Act to create and enact chapter 19-03.7 of the North Dakota Century Code, 2 relating to prescription drug costs; and to provide a penalty.
AI Summary
This bill creates a new chapter in the North Dakota Century Code that regulates prescription drug costs. It prohibits state entities, health plans, and participating Employee Retirement Income Security Act (ERISA) plans from paying more than a "referenced rate" for certain high-cost prescription drugs. The referenced rate is established by the insurance commissioner based on wholesale acquisition cost and other pricing data. The bill requires ERISA plans to opt-in to participate and mandates that any savings achieved be used to reduce costs for members. It also establishes penalties for violations, including fines and prohibitions on withdrawing referenced drugs from sale. The bill aims to lower prescription drug costs for the state, health plans, and consumers.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (2)
Last Action
Second reading, failed to pass, yeas 19 nays 73 (on 04/08/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.nd.gov/assembly/67-2021/bill-actions/ba2170.html |
| BillText | https://www.legis.nd.gov/assembly/67-2021/documents/21-0611-02000.pdf |
| BillText | https://www.legis.nd.gov/assembly/67-2021/documents/21-0611-01000.pdf |
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