SF 2889 (see companion bill HF 1711) – Minnesota

Status: In Process
Year Introduced: 2023
Link: https://www.revisor.mn.gov/bills/bill.php?f=SF2889&y=2023&ssn=0&b=senate

This bill requires pharmacy benefit managers (PBMs) and health carriers to remit at the point of sale all rebates and other compensation received for a prescription drug to the covered person associated with that drug, to reduce that person’s out-of-pocket cost. Requires PMBs under contract with the state employee group insurance program (SEGIP) to comply with this requirement, and requires PBMs and health carriers to report annually on compliance to the commissioner of commerce

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