SB 120 – OklahomaStatus: In Process
Year Introduced: 2021
SB 120 creates the Prescription Drug Safety and Cost Reduction Importation Pilot Program Act. The measure directs the Oklahoma Health Care Authority to submit an application to the United States Secretary of Health and Human Services to establish a prescription drug importation pilot program for the state Medicaid program to import pharmaceutical drugs from countries approved by the United States Food and Drug Administration. Drugs imported will include the top 20 most frequently prescribed drugs through the state Medicaid program that have a large cost differential between Canadian and United States average prices. Such drugs must be made available to
participating pharmacies no more than 6 months following approval of the application. Additionally, the Authority is directed to create an advisory council that consists of key stakeholders including, but not limited to, consumer and patient advocates, pharmacists, contracted providers under the state Medicaid program, and governmental agencies necessary to propose rules and changes in law to enable the Authority to implement the provisions of this measure.
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