Indiana House Bill 1116 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on January 8 2020 - 25% progression, died in committee
Action: 2020-01-23 - Representatives Clere and Davisson added as coauthors
Pending: House Insurance Committee
Text: Latest bill text (Introduced) [PDF]

Drug information reporting. Requires prescription drug manufacturers, health insurance issuers, pharmacy benefits managers, and wholesale drug distributors (reporting entities) to report certain information to the department of insurance (department), including increases in the wholesale acquisition cost of brand name drugs and generic drugs, the introduction into the United States of a new drug, and spending on prescription drugs before enrollee cost sharing for each of the top 25 prescription drugs and drug groups. Requires reporting entities to pay an annual assessment to support the operational costs incurred by the department in connection with the reporting. Requires a reporting entity to certify under the penalty of perjury that a required report is accurate. Authorizes the insurance commissioner to impose a civil penalty on a reporting entity that fails to comply with a reporting requirement. Requires the department to annually prepare and make available on its web site a report on emerging trends in prescription drug prices. Requires the department to keep confidential and protect from public disclosure all information submitted by reporting entities.

Drug information reporting.

Rep. Robin Shackleford [D]

Rep. Terri Jo Austin [D]

Rep. Edward Clere [R]

Rep. Steven Davisson [R]

Date	Chamber	Action
2020-01-23	House	Representatives Clere and Davisson added as coauthors
2020-01-13	House	Representative Austin added as coauthor
2020-01-08	House	First reading: referred to Committee on Insurance
2020-01-08	House	Authored by Representative Shackleford

Type	Source
Summary	https://iga.in.gov/legislative/2020/bills/house/1116/details
Text	http://iga.in.gov/static-documents/d/4/a/6/d4a652de/HB1116.01.INTR.pdf