HB 2112 – Arizona

Status: Inactive / Dead
Year Introduced: 2023
Link: https://apps.azleg.gov/BillStatus/BillOverview/78213

An act amending Title 36, Arizona revised statutes, by adding chapter 42; relating to prescription drugs.
Defines unconscionable increase to mean that an increase in the price of a prescription drug that both: (a) Is excessive and not justified by the cost of producing the drug or the cost of appropriate expansion of access to the drug to promote public health. And (b) Results in consumers for whom the drug has been prescribed having no meaningful choice about whether to purchase the drug at an excessive price because of the importance of the drug to the consumer’s health and insufficient competition in the market for the drug. Requires the State Medical Assistance Program to notify the Attorney General for certain price increases and creates remedies for manufacturers or wholesale distributors that violate this statute

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