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AR HB1881
Bill
Status
5/3/2021
Primary Sponsor
Michelle Gray
Click for details
AI Summary
HB 1881 Summary
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Establishes the "340B Drug Pricing Nondiscrimination Act" as a new subchapter in Arkansas Code Title 23, Chapter 92.
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Requires third parties (payors, intermediaries, pharmacy benefits managers) to inform patients they are not required to use mail-order pharmacies and obtain signed waivers before requiring their use.
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Prohibits third parties and pharmaceutical manufacturers from discriminating against pharmacies based on 340B drug pricing participation, including through lower reimbursement rates, network exclusions, or billing modifier requirements.
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Declares all pharmacy claims processed by 340B drug pricing participants final at the point of adjudication, preventing post-adjudication reversals or resubmissions unrelated to normal business practices.
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Directs the Insurance Commissioner to promulgate rules for implementation; excludes Arkansas Medicaid Program, risk-based provider organizations, and self-insured governmental plans from the definition of "third party."
Legislative Description
To Establish The 340b Drug Pricing Nondiscrimination Act.
Last Action
Notification that HB1881 is now Act 1103
5/3/2021