Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB538 Compare Versions

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29-SENATE FLOOR VERSION
30-February 18, 2021
31-AS AMENDED
53+STATE OF OKLAHOMA
3254
33-SENATE BILL NO. 538 By: Standridge
55+1st Session of the 58th Legislature (2021)
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57+SENATE BILL 538 By: Standridge
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63+AS INTRODUCED
3864
3965 An Act relating to prescription drugs; cr eating the
4066 Oklahoma Patient Right to Know Act; defining terms;
4167 authorizing persons to reques t certain information on
4268 certain prescribed form; providing timeline for
4369 submitting certain information; establish ing fine for
4470 failure to provide certain informatio n; requiring
4571 Insurance Department to plac e fine in certain fund;
4672 authorizing Insurance Depar tment to promulgate rules;
4773 providing for codification; and providing an
4874 effective date.
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5379 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
5480 SECTION 1. NEW LAW A new se ction of law to be codified
5581 in the Oklahoma Statute s as Section 6970 of Title 36, unless there
5682 is created a duplication in numbering, reads as follows:
5783 This act shall be known and may be cited as the “Oklahoma
5884 Patient Right to Know Act”.
5985 SECTION 2. NEW LAW A new section of law to be codified
6086 in the Oklahoma Statutes as Section 6971 of Title 36, unless there
6187 is created a duplication in numbering, reads as follows:
6288 A. For the purpose of this sect ion:
63-1. “Insurer” means any entity or insurer authorized to provide
64-health insurance or health benefits pursuant to the laws of this
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140+1. “Insurer” means any entity or insurer authorized to provide
141+health insurance or h ealth benefits pursuant to the laws of this
92142 state and any entity or person engaged in the business of making
93143 contracts for accident or health insurance;
94144 2. “Manufacturer” means any person, business or entity that
95145 holds the national drug code for a prescri ption drug and is either
96146 engaged in the production, preparation, propagation, compounding,
97147 conversion or processing of drug products in this state. It shall
98148 also include any person, business or entity that is engaged in the
99149 packaging, repackaging, labeling, relabeling or distribution of drug
100150 products in this state, or any person , business or entity that
101151 causes the drug products to be compounded, packaged or transporte d
102152 in this state, that is not a wholesal e drug distributor, as defined
103153 in this section, or a retail pharmacy licensed by the State Board of
104154 Pharmacy;
105155 3. “Pharmacist” means any person licensed by the State Board of
106156 Pharmacy to practice pharmacy in this state;
107157 4. “Pharmacy benefits manager ” means a person, business or
108158 entity, and any partially or wholly owned subsidiary of an entity,
109159 doing business in this state which contracts to administer or manage
110160 prescription drug benefits on be half of a managed-care company,
111161 nonprofit hospital, medical serv ice organization, insurance company,
112162 third-party payor or a health program adm inistered by a department
113163 of this state; and
114-5. “Wholesale drug distributor ” means a person, business or
115-entity licensed by the State Board of Pharmacy and engaged in the
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215+5. “Wholesale drug distributor ” means a person, business or
216+entity licensed by the State Board of Pharmacy and engaged in the
143217 sale of prescription drugs to another person, business or entity
144218 other than a consumer or patient . This includes but is not limited
145219 to manufacturers, repackagers, own-label distributors, private label
146220 distributors, jobbers, brokers, warehouses including manufacturers’
147221 and distributors’ warehouses, chain drug warehouses, wholesale drug
148222 warehouses, independent wholesale drug traders and retail pharmacies
149223 that conduct wholesale distribution s.
150-B. 1. Beginning January 1, 2022, a pharmacist, on behalf of a
224+B. 1. Beginning Janu ary 1, 2021, a pharmacist, on behalf of a
151225 patient obtaining a prescription drug or drugs, as defined i n
152226 paragraph 2 of Section 5040.3 of Title 74 of the Oklahoma Statutes,
153227 shall be authorized to submit a request in writing from the patient,
154228 on a form prescribed by the State Board of Pharmacy, for informat ion
155229 on the specific allocation of the dollar amount of the retail price
156230 provided to the insurer, manufacturer, wholesale drug distributor
157231 and pharmacy benefit manager for the drug or drugs being dispensed
158232 pursuant to the prescription.
159233 2. The insurer, manufacturer, wholesale drug distributor and
160234 pharmacy benefit manager shall have thirty (30) days from receipt of
161235 the request from the pharmacist to provide the information
162236 requested.
163237 3. If the information is not provided to the pharmacist with in
164238 thirty (30) days, a fine of Fifty Dollars ($50.00) per day, per
165-request shall be paid t o the pharmacy by any entity failing to
166-provide the information required by this section. The pharmacy
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290+request shall be paid to the pharmacy by any entity failing to
291+provide the information required by this section. The pharmacy
194292 shall remit any amount received to the I nsurance Department;
195293 provided, however, that the pharmacy is authorized to charge a
196294 handling fee in an amount to be determined by the Insurance
197295 Department. The Insurance Department shall deposit the remaining
198296 amount of the fine to the credit of the State Insurance Commissioner
199297 Revolving Fund for the operations of the Office of the Insurance
200298 Commissioner, pursuant to Section 307.3 of Title 36 of the Oklahoma
201299 Statutes.
202300 C. The Insurance Department shall promulgate rules to implement
203301 the provisions of this section.
204302 SECTION 3. This act shall become effective November 1, 202 1.
205-COMMITTEE REPORT BY: COMMIT TEE ON RETIREMENT AND INSURANCE
206-February 18, 2021 - DO PASS AS AMENDED
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304+58-1-581 CB 1/20/2021 3:14:30 PM