Bill
Bill > SB2031
ND SB2031
ND SB2031A prescription drug reference rate pilot program; to provide for a legislative management report; to provide a penalty; and to provide an expiration date.
summary
Introduced
01/03/2023
01/03/2023
In Committee
02/01/2023
02/01/2023
Crossed Over
Passed
Dead
04/29/2023
04/29/2023
Introduced Session
68th Legislative Assembly
Bill Summary
A BILL for an Act to create and enact chapter 19-25 of the North Dakota Century Code, relating to a prescription drug reference rate pilot program; to provide for a legislative management report; to provide a penalty; and to provide an expiration date.
AI Summary
This bill creates a prescription drug reference rate pilot program in North Dakota. The insurance commissioner will design and implement this program to study controlling excessive prescription drug prices. The bill identifies the 25 most costly prescription drugs used by the public employees retirement system and establishes a referenced rate based on prices in other Canadian provinces. State entities and health plans are prohibited from paying more than the referenced rate for these drugs, and pharmacies are prohibited from purchasing them at a higher cost. The bill requires reporting on the savings achieved and allows the commissioner to assess penalties on manufacturers or distributors who withdraw drugs from the state or fail to negotiate in good faith. The program is set to expire on July 31, 2027.
Committee Categories
Government Affairs
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Legislative Management (J)
Last Action
Second reading, failed to pass, yeas 14 nays 33 (on 02/02/2023)
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.ndlegis.gov/assembly/68-2023/regular/bill-overview/bo2031.html |
| BillText | https://www.legis.nd.gov/assembly/68-2023/regular/documents/23-0092-01000.pdf |
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