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