BILL · 2019–20 SESSION

SB 5251: Rx drug cost transparency

Concerning prescription drug cost transparency.

Summary

  • Requires issuers, pharmacy benefit managers (PBM), and pharmacy services administrative organizations (PSAO) to report certain prescription drug pricing data on a yearly basis to the Office of Financial Management (OFM).
  • Requires OFM to analyze the data from issuers, PBMs, and PSAOs and provide an annual report to the Legislature.
  • Requires drug manufacturers to report new drug applications to the Health Care Authority (HCA).
  • Requires HCA to compile an annual list of costly drugs and collect pricing data from manufacturers for those drugs.

From the Senate Bill Report (Orig.) (SB 5251), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2019
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Mark Mullet (D-5)
Introduced
January 16, 2019 in the Senate
Last action
January 13, 2020
Budget
Has a fiscal note

AN ACT Relating to prescription drug cost transparency;

Sponsors

Prime sponsor: Mark Mullet (D-5)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Health & Long Term Care.

SB 5251 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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