ENGR. H. B. NO. 2351 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED HOUSE BILL NO. 2351 By: Dempsey and Davis of the House and Hicks of the Senate [ health insurance - treatment of diabetes - program that allows Oklahomans to purchase discounted insulin – codification - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHO MA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 6060.2a of Title 36, unless there is created a duplication in numbering, reads as follows: A. The State shall direct the creation of a discount progr am that will allow participants t o purchase insulin at a discounted, post-rebate rate. B. As used in this section , unless the context otherwise requires: 1. "Participant" means a resident of Oklahoma who: a. uses insulin to treat diabetes, b. does not receive health coverage un der the program, and ENGR. H. B. NO. 2351 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 c. enrolls in the discount program; 2. "Discount program" means a process developed by the program that allows participants to purchase insulin at a discounted, post- rebate rate; 3. "Rebate" means a refund, discount, or other price concession that is paid by a pharmaceutica l manufacturer to a pharmacy benefit manager based on a prescription drug's utilization or effectiveness. Rebate does not include an admi nistrative fee. C. For the purpose of the insulin discount program only, the program shall allow participants to purchase insul in at a discounted, post-rebate rate. D. The discount program described in this section shall: 1. Provide a participant with a n electronic document that identifies the participant as eligible for the discount; 2. Provide a participant with information a bout pharmacies that will honor the discount; 3. Allow a participant to purchase insulin at a discounted, post-rebate rate; and 4. Provide a participant with instructions to pursue a reimbursement of the purchase price from the participant 's health insurer. E. The discount program shall charge a p rice for the insulin that allows the program to retain only enough of any rebate fo r the ENGR. H. B. NO. 2351 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 insulin to make the state risk pool whole for providing discounted insulin to participants. SECTION 2. This act shall become effective November 1, 2023. Passed the House of Representatives the 14th day of March, 2023. Presiding Officer of the House of Representatives Passed the Senate the ____ day of __________, 2023. Presiding Officer of the Senate