Loading chat...
OK SB1423
Bill
Status
Introduced
2/6/2012
Primary Sponsor
Constance Johnson
Click for details
AI Summary
SB 1423 Summary
-
Directs the Oklahoma Health Care Authority to amend the state Medicaid plan to adopt an Average Acquisition Cost (AAC) model for drug pricing in the Medicaid program.
-
Establishes the purpose of the AAC model as creating a transparent, timely, and accurate pharmacy reimbursement system based on actual acquisition cost data.
-
Becomes effective November 1, 2012.
Legislative Description
Medicaid; directing the Oklahoma Health Care Authority to adopt an Average Acquisition Cost model for drug pricing. Effective date.
Drugs
Last Action
Second Reading referred to Health and Human Services Committee then to Appropriations Committee
2/7/2012
Committee Referrals
Health and Human Services2/7/2012
Full Bill Text
No bill text available