146.45 Pharmacy benefits purchasing pool. - Wisconsin Statutes

146.45

146.45 Pharmacy benefits purchasing pool.

146.45(1)

(1) In this section:

146.45(1)(a)

(a) "Brand name" has the meaning given in s. 450.12 (1) (a).

146.45(1)(b)

(b) "Eligible party" means an employer, other than the state, or a person in this state.

146.45(1)(c)

(c) "Generic name" has the meaning given in s. 450.12 (1) (b).

146.45(1)(d)

(d) "Prescription drug" has the meaning given in s. 450.01 (20).

146.45(2)

(2) The department shall develop a purchasing pool for pharmacy benefits that uses a preferred list of covered prescription drugs. The pool shall consist of any eligible party that satisfies the conditions established under sub. (3) for joining the pool. The department shall seek to develop the preferred list of covered prescription drugs under an evidence-based analysis that first identifies the relative effectiveness of prescription drugs within therapeutic classes for particular diseases and conditions and next identifies the least costly prescription drugs, including prescription drugs with generic names that are alternatives to prescription drugs with brand names, among those found to be equally effective.

146.45(3)

(3) The department shall propose conditions that an eligible party must satisfy to join the purchasing pool established under sub. (2).

146.45(4)

(4) In each fiscal year, there is transferred from the appropriation account under s. 20.435 (4) (jz) to the appropriation account under s. 20.435 (4) (jw) an amount, determined by the secretary, that is sufficient for the department to administer a contract with an entity to operate the purchasing pool established under sub. (2), but not more than 5 percent of the total amount paid by persons to purchase prescription drugs as members of the purchasing pool in the fiscal year.

146.45 - ANNOT.

NOTE: This section is shown as renumbered and amended from s. 40.53 eff. 1-1-11, except sub. (4), which is created eff. 1-1-11, all by 2009 Wis. Act 28.

146.45 - ANNOT.

History: 2009 a. 28 ss. 803, 2427; Stats. 2009 s. 146.45.