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MN HF4305

Bill

Status

Introduced

2/26/2024

Primary Sponsor

Amanda Hemmingsen-Jaeger

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

HF4305 Summary

  • Modifies the definition of "usual and customary price" for medical assistance prescription drug reimbursement to exclude prescription savings or discount clubs where individuals pay to access special rates or discounts.

  • Maintains professional dispensing fees at $10.77 for legend drugs and covered outpatient drugs, $10.77 per claim for compounded intravenous solutions, and $3.65 for over-the-counter drugs not meeting covered outpatient drug definitions.

  • Requires the commissioner to contract with a vendor to conduct cost of dispensing surveys for all Minnesota pharmacies dispensing outpatient drugs under medical assistance, with initial survey due by January 1, 2021, and repeated every three years.

  • Increases ingredient cost reimbursement by 1.8 percent for prescription and nonprescription drugs subject to the wholesale drug distributor tax under Minnesota law.

Legislative Description

Definition of usual and customary price modified for purposes of medical assistance prescription drug reimbursement.

Last Action

Author added Elkins

2/28/2024

Committee Referrals

Health Finance & Policy2/26/2024

Full Bill Text

No bill text available