SF 2533 (see companion bill HF 2395) – Minnesota

Status: In Process
Year Introduced: 2023
Link: https://www.revisor.mn.gov/bills/bill.php?f=SF2533&y=2023&ssn=0&b=senate

Value-based purchasing arrangements. (a) The commissioner may enter into a value-based purchasing arrangement for the medical assistance and MinnesotaCare programs with a drug manufacturer based on agreed upon metrics to which the commissioner and the manufacturer agree in writing. The commissioner may enter into a contract with a vendor for the purpose of participating in a value-based purchasing arrangement. A value-based purchasing arrangement may include a rebate, a discount, a price reduction, risk-sharing, a reimbursement, a guarantee, shared savings payments, withholds, a bonus, or any other thing of value.


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