Oklahoma 2022 2022 Regular Session

Oklahoma Senate Bill SB538 Introduced / Bill

Filed 01/20/2021

                     
 
 
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STATE OF OKLAHOMA 
 
1st Session of the 58th Legislature (2021) 
 
SENATE BILL 538 	By: Standridge 
 
 
 
 
 
AS INTRODUCED 
 
An Act relating to prescription drugs; cr eating the 
Oklahoma Patient Right to Know Act; defining terms; 
authorizing persons to reques t certain information on 
certain prescribed form; providing timeline for 
submitting certain information; establish ing fine for 
failure to provide certain informatio n; requiring 
Insurance Department to plac e fine in certain fund; 
authorizing Insurance Depar tment to promulgate rules; 
providing for codification; and providing an 
effective date. 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: 
SECTION 1.     NEW LAW     A new se ction of law to be codified 
in the Oklahoma Statute s as Section 6970 of Title 36, unless there 
is created a duplication in numbering, reads as follows: 
This act shall be known and may be cited as the “Oklahoma 
Patient Right to Know Act”. 
SECTION 2.     NEW LAW     A new section of law to be codified 
in the Oklahoma Statutes as Section 6971 of Title 36, unless there 
is created a duplication in numbering, reads as follows: 
A.  For the purpose of this sect ion:   
 
 
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1.  “Insurer” means any entity or insurer authorized to provide 
health insurance or h ealth benefits pursuant to the laws of this 
state and any entity or person engaged in the business of making 
contracts for accident or health insurance; 
2.  “Manufacturer” means any person, business or entity that 
holds the national drug code for a prescri ption drug and is either 
engaged in the production, preparation, propagation, compounding, 
conversion or processing of drug products in this state.  It shall 
also include any person, business or entity that is engaged in the 
packaging, repackaging, labeling, relabeling or distribution of drug 
products in this state, or any person , business or entity that 
causes the drug products to be compounded, packaged or transporte d 
in this state, that is not a wholesal e drug distributor, as defined 
in this section, or a retail pharmacy licensed by the State Board of 
Pharmacy; 
3.  “Pharmacist” means any person licensed by the State Board of 
Pharmacy to practice pharmacy in this state; 
4.  “Pharmacy benefits manager ” means a person, business or 
entity, and any partially or wholly owned subsidiary of an entity, 
doing business in this state which contracts to administer or manage 
prescription drug benefits on be half of a managed-care company, 
nonprofit hospital, medical serv ice organization, insurance company, 
third-party payor or a health program adm inistered by a department 
of this state; and   
 
 
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5.  “Wholesale drug distributor ” means a person, business or 
entity licensed by the State Board of Pharmacy and engaged in the 
sale of prescription drugs to another person, business or entity 
other than a consumer or patient .  This includes but is not limited 
to manufacturers, repackagers, own-label distributors, private label 
distributors, jobbers, brokers, warehouses including manufacturers’ 
and distributors’ warehouses, chain drug warehouses, wholesale drug 
warehouses, independent wholesale drug traders and retail pharmacies 
that conduct wholesale distribution s. 
B.  1.  Beginning Janu ary 1, 2021, a pharmacist, on behalf of a 
patient obtaining a prescription drug or drugs, as defined i n 
paragraph 2 of Section 5040.3 of Title 74 of the Oklahoma Statutes, 
shall be authorized to submit a request in writing from the patient, 
on a form prescribed by the State Board of Pharmacy, for informat ion 
on the specific allocation of the dollar amount of the retail price 
provided to the insurer, manufacturer, wholesale drug distributor 
and pharmacy benefit manager for the drug or drugs being dispensed 
pursuant to the prescription. 
2.  The insurer, manufacturer, wholesale drug distributor and 
pharmacy benefit manager shall have thirty (30) days from receipt of 
the request from the pharmacist to provide the information 
requested. 
3.  If the information is not provided to the pharmacist with in 
thirty (30) days, a fine of Fifty Dollars ($50.00) per day, per   
 
 
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request shall be paid to the pharmacy by any entity failing to 
provide the information required by this section.  The pharmacy 
shall remit any amount received to the I nsurance Department; 
provided, however, that the pharmacy is authorized to charge a 
handling fee in an amount to be determined by the Insurance 
Department.  The Insurance Department shall deposit the remaining 
amount of the fine to the credit of the State Insurance Commissioner 
Revolving Fund for the operations of the Office of the Insurance 
Commissioner, pursuant to Section 307.3 of Title 36 of the Oklahoma 
Statutes. 
C.  The Insurance Department shall promulgate rules to implement 
the provisions of this section. 
SECTION 3.  This act shall become effective November 1, 202 1. 
 
58-1-581 CB 1/20/2021 3:14:30 PM