Bill Summaries: H839 (2015-2016 Session)

  • Summary date: Apr 17 2015 - View summary

    Adds new Part 8, Pharmacy Cost Reporting, to Article 50 of GS Chapter 58. Requires each manufacturer of a brand medication that is available in the state to file a report on pharmaceutical costs. Specifies information that must be included in the report. Specifies which types of branded pharmaceuticals must be included in the annual report. Requires the information to be submitted by May 1 of each year. Requires the Commissioner of Insurance to issue an annual report outlining the information submitted and provide that to the General Assembly and on the Department of Insurance's website.

    Requires the Commissioner to convene a workgroup to make recommendations on the report.