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AR HB1308
Bill
Status
4/27/2011
Primary Sponsor
Fred Allen
Click for details
AI Summary
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Creates the "Medicaid Generic Drug Competition and Savings Act" as a new section of Arkansas Code Title 20, Chapter 77, Subchapter 1
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Defines "generic drug" as a drug that is a copy of a brand name drug no longer protected by patent, with identical active ingredients, strength, dosage form, route of administration, indications, dosing, labeling, and efficacy/safety profile
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Requires the Department of Human Services to establish a competitive bidding process for generic drugs to ensure Medicaid recipients receive high quality generic drugs at competitively bid low costs
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Mandates that all manufacturers providing generic drugs to Medicaid recipients participate in the competitive bidding process
Legislative Description
An Act To Create The Medicaid Generic Drug Competition And Savings Act And To Require The Department Of Human Services To Create Competitive Bid Process For Generic Drugs For Medicaid Recipient.
Last Action
House Died in House Committee at Sine Die adjournment.
4/27/2011