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Office of the Revisor of Statutes

SF 398 Senate Long Description

Requiring and providing for the commissioner of human services to establish and administer a prescription drug +discount and rebate program; specifying applicant eligibility requirements and prescribing +application procedures; specifying certain requirements of participating +pharmacies; requiring commissioner periodic notice to drug manufacturers of the amount of +rebate owed on drugs sold by participating pharmacies to enrolled individuals and specifying manufacturer pharmacy rebate requirements, requiring +payment to the commissioner for deposit into the Minnesota prescription drug +dedicated fund and providing for distribution to participating pharmacies by the +commissioner; requiring the commissioner to establish an administrative fee to +cover enrollment, claims processing, appropriation repayment to the cash +flow account and rebate distribution expenses and a switch fee to cover expenses +incurred by pharmacies in formatting claims for electronic submission; creating the Minnesota prescription drug dedicated fund +and appropriating money in the fund to the commissioner to reimburse +participating pharmacies for prescription drug discounts and the commissioner for +certain administrative costs; appropriating money from the cash flow account +to the prescription drug dedicated fund for the discount program (mk)