Req. No. 2424 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 59th Legislature (2024) SENATE BILL 1916 By: Standridge AS INTRODUCED An Act relating to prescription drugs; creating the Oklahoma Patient Right to Know Act; providing short title; defining terms; authorizing pharmacists to request certain information on behalf of certain persons; requiring response from certain entities within certain timeframe ; establishing fine for certain violation; directing transmissi on of certain fine to the Insurance Department for certain deposit; directing rule promulgation; 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 section of law to be codified in the Oklahoma Statutes as Section 6980 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 6981 of Title 36, unless there is created a duplication in numbering, reads as follows: A. For the purpose of this section: 1. “Insurer” means any entity or insurer autho rized to provide health insurance or health benefits pursuant to the laws of this Req. No. 2424 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 state and any entity or person engaged in the business of providing contracts for accident or health insurance; 2. “Manufacturer” means any person, business, or entity that holds the National Drug Code for a prescription drug and is engaged in the production, preparatio n, 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 transported in this state. Provided, the term manufacturer shall not include a wholesale 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 man ager” means a person, business , or entity, and any partially or wholly owned subsidiary of an entity, doing business in this state wh ich contracts to administer or manage prescription drug benefits on behal f of a managed care company, nonprofit hospital, m edical service organization, insurance company, third-party payor, or a health program administered by a department of this state; and 5. “Wholesale drug distributor ” means a person, business , or entity licensed by the State Board of Pharmacy and engaged in the Req. No. 2424 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 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, ow n-label distributors, private la bel distributors, jobbers, brokers, warehouses inc luding manufacturers ’ and distributors’ warehouses, chain drug warehouses, whol esale drug warehouses, independent wholesale drug traders , and retail pharmacies that conduct wholesale distributions. B. 1. Beginning January 1, 202 5, a pharmacist, on behalf of a patient obtaining a prescription drug or drugs, as defined in paragraph 2 of Section 5040.3 of Title 74 of the Oklahoma Statutes, shall be authorized to submit a reques t in writing from the patient, on a form prescribed by the State Board of Pharmacy , for information on the specific alloc ation of the dollar amount of the retail price provided to the insurer, manufacturer, wholesale dr ug distributor, and pharmacy benefit s manager for the drug or drugs being dispensed pursuant to the prescription. 2. The insurer, manufacturer, wholesale drug distributor , and pharmacy benefits manager shall have thirty (30) days from receipt of the request from the pharmacist to provide the i nformation requested. 3. If the information is not provided to the pharmacist w ithin thirty (30) days, a fine of Fifty D ollars ($50.00) per day, per request shall be paid to the pharmacy by any entity failing to provide the information required by this section. The pharmacy Req. No. 2424 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 shall remit any amount received to t he Insurance 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 Commissio ner 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 thi s section. SECTION 3. This act shall become effective November 1, 2024. 59-2-2424 RD 1/18/2024 11:23:14 AM