Section 16B.95 State Contract Price - Minnesota Statutes

16B.95 STATE CONTRACT PRICE.

Subdivision 1.Manufacturer and seller requirement.

A manufacturer or seller that contracts with the commissioner shall make the contract price negotiated available to all purchasers.

Subd. 2.Purchaser requirement.

The commissioner shall require purchasers that purchase prescription drugs at the contract price to pass at least 75 percent of the savings resulting from purchases at the negotiated contract price to consumers. The commissioner may require a purchaser that plans to purchase prescription drugs at the contract price negotiated by the commissioner to submit any information regarding prescription drug purchase projections the commissioner determines is necessary for contract price negotiations.

History:

1997 c 202 art 2 s 29