Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB1916 Compare Versions

Only one version of the bill is available at this time.
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5353 STATE OF OKLAHOMA
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5555 2nd Session of the 59th Legislature (2024)
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5757 SENATE BILL 1916 By: Standridge
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6161 AS INTRODUCED
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6363 An Act relating to prescription drugs; creating the
6464 Oklahoma Patient Right to Know Act; providing short
6565 title; defining terms; authorizing pharmacists to
6666 request certain information on behalf of certain
6767 persons; requiring response from certain entities
6868 within certain timeframe ; establishing fine for
6969 certain violation; directing transmissi on of certain
7070 fine to the Insurance Department for certain deposit;
7171 directing rule promulgation; providing for
7272 codification; and providing an effective date .
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7777 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
7878 SECTION 1. NEW LAW A new section of law to be codified
7979 in the Oklahoma Statutes as Section 6980 of Title 36, unless there
8080 is created a duplication in numbering, reads as follows:
8181 This act shall be known and may be cited as the “Oklahoma
8282 Patient Right to Know Act ”.
8383 SECTION 2. NEW LAW A new section of law to be codified
8484 in the Oklahoma Statutes as Section 6981 of Title 36, unless there
8585 is created a duplication in numbering, reads as follows:
8686 A. For the purpose of this section:
8787 1. “Insurer” means any entity or insurer autho rized to provide
8888 health insurance or health benefits pursuant to the laws of this
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140140 state and any entity or person engaged in the business of providing
141141 contracts for accident or health insurance;
142142 2. “Manufacturer” means any person, business, or entity that
143143 holds the National Drug Code for a prescription drug and is engaged
144144 in the production, preparatio n, propagation, compounding,
145145 conversion, or processing of drug products in this state. It shall
146146 also include any person, business , or entity that is engaged in the
147147 packaging, repackaging, labeling, relabeling , or distribution of
148148 drug products in this state, or any person, business , or entity that
149149 causes the drug products to be compounded, packaged , or transported
150150 in this state. Provided, the term manufacturer shall not include a
151151 wholesale drug distributor, as defined in this section, or a retail
152152 pharmacy licensed by the State Board of Pharmacy;
153153 3. “Pharmacist” means any person licensed by the State Board of
154154 Pharmacy to practice pharmacy in this state;
155155 4. “Pharmacy benefits man ager” means a person, business , or
156156 entity, and any partially or wholly owned subsidiary of an entity,
157157 doing business in this state wh ich contracts to administer or manage
158158 prescription drug benefits on behal f of a managed care company,
159159 nonprofit hospital, m edical service organization, insurance company,
160160 third-party payor, or a health program administered by a department
161161 of this state; and
162162 5. “Wholesale drug distributor ” means a person, business , or
163163 entity licensed by the State Board of Pharmacy and engaged in the
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215215 sale of prescription drugs to another person, business , or entity
216216 other than a consumer or patient. This includes but is not limited
217217 to manufacturers, repackagers, ow n-label distributors, private la bel
218218 distributors, jobbers, brokers, warehouses inc luding manufacturers ’
219219 and distributors’ warehouses, chain drug warehouses, whol esale drug
220220 warehouses, independent wholesale drug traders , and retail
221221 pharmacies that conduct wholesale distributions.
222222 B. 1. Beginning January 1, 202 5, a pharmacist, on behalf of a
223223 patient obtaining a prescription drug or drugs, as defined in
224224 paragraph 2 of Section 5040.3 of Title 74 of the Oklahoma Statutes,
225225 shall be authorized to submit a reques t in writing from the patient,
226226 on a form prescribed by the State Board of Pharmacy , for information
227227 on the specific alloc ation of the dollar amount of the retail price
228228 provided to the insurer, manufacturer, wholesale dr ug distributor,
229229 and pharmacy benefit s manager for the drug or drugs being dispensed
230230 pursuant to the prescription.
231231 2. The insurer, manufacturer, wholesale drug distributor , and
232232 pharmacy benefits manager shall have thirty (30) days from receipt
233233 of the request from the pharmacist to provide the i nformation
234234 requested.
235235 3. If the information is not provided to the pharmacist w ithin
236236 thirty (30) days, a fine of Fifty D ollars ($50.00) per day, per
237237 request shall be paid to the pharmacy by any entity failing to
238238 provide the information required by this section. The pharmacy
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290290 shall remit any amount received to t he Insurance Department ;
291291 provided, however, that the pharmacy is authorized to charge a
292292 handling fee in an amount to be determined by the Insurance
293293 Department. The Insurance Department shall deposit the remaining
294294 amount of the fine to the credit of the State Insurance Commissio ner
295295 Revolving Fund for the operations of the Office of the Insurance
296296 Commissioner, pursuant to Section 307.3 of Title 36 of the Oklahoma
297297 Statutes.
298298 C. The Insurance Department shall promulgate rules to implement
299299 the provisions of thi s section.
300300 SECTION 3. This act shall become effective November 1, 2024.
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