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MN HF1075
Bill
Status
2/17/2025
Primary Sponsor
Steve Elkins
Click for details
AI Summary
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Pharmacy benefit managers (PBMs) and health carriers must pass all drug manufacturer compensation (rebates, discounts, fees, grants, chargebacks) directly to patients at the point of sale to reduce out-of-pocket prescription costs
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When a patient's cost-sharing obligation is already lower than what it would be after applying the rebate, PBMs and health carriers may retain the compensation but must use it to offset future premiums or costs for covered persons
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State employee group insurance contracts with PBMs must require compliance with these rebate pass-through requirements
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Annual compliance reports must be filed with the commissioner beginning March 1, 2026, and each March 1 thereafter
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Effective date: January 1, 2026
Legislative Description
Pharmacy benefit managers and health carriers required to use prescription drug rebates and other compensation to benefit covered persons, and report required.
Last Action
Author added Reyer
3/20/2025