Health: pharmaceuticals; reporting certain information and regulating certain conduct related to drugs and the federal 340B program; provide for. Creates new act.
Impact
The bill is poised to impact state laws significantly by enforcing stricter compliance requirements for entities involved in the 340B program. Hospitals will be compelled to ensure that any savings accrued under this program are reinvested into patient care or bestowed upon community benefit programs. Furthermore, manufacturers and wholesalers are prohibited from taking actions that could restrict the access of 340B entities to necessary drugs, potentially leveling the playing field for hospitals serving lower-income populations.
Summary
House Bill 4878 introduces comprehensive measures regarding the federal 340B drug pricing program, aiming to enhance transparency and accountability among pharmaceutical manufacturers and healthcare providers. The bill mandates hospitals participating in the 340B program to report specific information concerning drug acquisition costs, payments received, and community investments. This information must be submitted annually, facilitating oversight of how savings from the program are utilized to benefit patient services and community health initiatives.
Contention
Notable points of contention surrounding HB 4878 could arise from the implications of increased regulatory oversight and reporting burdens on both healthcare providers and pharmaceutical manufacturers. Critics may argue that the bill could lead to increased operational costs for hospitals as they adapt to new compliance standards, particularly concerning extensive reporting obligations. Moreover, some manufacturers might view the stipulations as an infringement on their business practices, leading to a pushback against perceived overreach by state regulatory authorities.
Health: pharmaceuticals; drug manufacturers from engaging in certain conduct with pharmacies participating with a 340B program; prohibit. Amends 1978 PA 368 (MCL 333.1101 - 333.25211) by adding sec. 17757c. TIE BAR WITH: SB 0952'24
Health: pharmaceuticals; reports on certain costs and other information associated with prescription drugs; require manufacturers of prescription drugs to file with the department. Creates new act.
Health: pharmaceuticals; drug manufacturers from engaging in certain conduct with pharmacies participating with a 340B program; prohibit. Amends 1978 PA 368 (MCL 333.1101 - 333.25211) by adding sec. 17757c.
Insurance: other; an enrollee's defined cost sharing for prescription drugs; provide for. Amends secs. 5, 7 & 9 of 2022 PA 11 (MCL 550.815 et seq.) & adds sec. 10.
Health occupations: pharmacists; pharmacists to prescribe and dispense certain contraceptives; allow. Amends secs. 17703, 17704, 17707, 17708, 17709, 17744, 17751 & 17757 of 1978 PA 368 (MCL 333.17703 et seq.) & adds sec. 17744g.
Health occupations: pharmacists; pharmacists to order and administer certain vaccines and laboratory tests and dispense drugs under certain circumstances; allow. Amends secs. 9204, 9206, 17703, 17707, 17708, 17713, 17751 & 17757 of 1978 PA 368 (MCL 333.9204 et seq.) & adds secs. 17724 & 17724a.
Health facilities: hospitals; certain drug screen conducted in hospitals; require to include a test for fentanyl and to provide certain reporting. Amends 1978 PA 368 (MCL 333.1101 - 333.25211) by adding sec. 21525.
Health: pharmaceuticals; drug manufacturers from engaging in certain conduct with pharmacies participating with a 340B program; prohibit. Amends 1978 PA 368 (MCL 333.1101 - 333.25211) by adding sec. 17757c. TIE BAR WITH: SB 0095'25
Health: pharmaceuticals; drug manufacturers from engaging in certain conduct with pharmacies participating with a 340B program; prohibit. Amends 1978 PA 368 (MCL 333.1101 - 333.25211) by adding sec. 17757c. TIE BAR WITH: SB 0952'24