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AR SB7
Bill
Status
Passed
12/9/2021
Primary Sponsor
Dan Sullivan
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AI Summary
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Repeals Arkansas Code § 4-86-111, which had prohibited pharmaceutical manufacturer discounts on insulin products with limited exceptions.
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Removes restrictions that had banned coupon cards, rebates, price concessions, administrative fees, and other discount mechanisms for insulin manufacturers.
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Declares an emergency based on findings that the previous insulin discount limitations may negatively affect the state's economic health and increase costs on health benefit plans.
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Bill became effective on December 9, 2021, upon gubernatorial approval.
Legislative Description
To Repeal The Law Concerning Pharmaceutical Discounts For Insulin; And To Declare An Emergency.
Last Action
Notification that SB7 is now Act 9
12/9/2021
Committee Referrals
Public Health, Welfare and Labor12/8/2021
Public Health, Welfare And Labor12/7/2021
Full Bill Text
No bill text available