REFERENCE TITLE: prescription drugs; price limits

 

 

 

 

State of Arizona

Senate

Fifty-sixth Legislature

Second Regular Session

2024

 

 

 

SB 1532

 

Introduced by

Senators Burch: Alston, Bravo, Diaz, Epstein, Fernandez, Gabaldón, Gonzales, Hatathlie, Hernandez, Marsh, Mendez, Miranda, Sundareshan

 

 

 

 

 

 

 

 

An Act

 

amending title 36, Arizona Revised Statutes, by adding chapter 42; relating to prescription drugs.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 


Be it enacted by the Legislature of the State of Arizona:

Section 1. Title 36, Arizona Revised Statutes, is amended by adding chapter 42, to read:

CHAPTER 42

PRESCRIPTION DRUGS

ARTICLE 1. GENERAL PROVISIONS

START_STATUTE36-4201. Definitions

In this chapter, unless the context otherwise requires:

1. "Maximum fair price" means the maximum fair price for a drug as published by the United States secretary of health and human services pursuant to 42 United States Code section 1320f-4.

2. "Price applicability period" has the same meaning prescribed in 42 United State Code section 1320f(b)(2).

3. "Referenced drug" means a drug that is subject to a maximum fair price.END_STATUTE

START_STATUTE36-4202. Limit on drug pricing; violations

A. A person or entity that purchases a referenced drug in this state may not pay a price for the referenced drug that, excluding any fee paid to a pharmacy for dispensing the referenced drug, is higher than the maximum fair price for that referenced drug during the price applicability period.

B. A person or entity that seeks reimbursement for a referenced drug that is delivered, dispensed or administered to a person in this state may not seek reimbursement for the referenced drug at a rate that, excluding any fee paid to a pharmacy for dispensing the referenced drug, is higher than the maximum fair price for that referenced drug during the price applicability period.

C. A violation of subsection A or B of this section by any person constitutes an unlawful practice pursuant to section 44-1522 and is subject to enforcement by the attorney general. Each violation of subsection A or B of this section constitutes a separate unlawful practice. The attorney general may investigate and take appropriate action pursuant to title 44, chapter 10, article 7.

D. In addition to the remedies specified in subsection C of this section, a person who is aggrieved by a violation of subsection A or B of this section may bring a private action for consumer fraud.END_STATUTE