LD 1541
pg. 1
LD 1541 Title Page An Act Pertaining to Disclosure of Prescription Drug Prices Page 2 of 3
Download Bill Text
LR 1702
Item 1

 
Emergency preamble. Whereas, acts of the Legislature do not become
effective until 90 days after adjournment unless enacted as
emergencies; and

 
Whereas, the 121st Legislature in the Second Special Session
enacted legislation requiring pharmaceutical manufacturers to
report certain pricing information to the Department of Health
and Human Services; and

 
Whereas, certain provisions of those reporting requirements
require clarification or are duplicative of data otherwise
available to the department; and

 
Whereas, clarification of those provisions is necessary in
advance of the first reporting deadline of April 2005; and

 
Whereas, the reportable information constitutes trade secrets,
and the existing confidentiality protection afforded to the
reported information is not adequate; and

 
Whereas, in the judgment of the Legislature, these facts create
an emergency within the meaning of the Constitution of Maine and
require the following legislation as immediately necessary for
the preservation of the public peace, health and safety; now,
therefore,

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 22 MRSA §2698-B, sub-§1, as enacted by PL 2003, c. 667, §1 and
affected by §2, is amended to read:

 
1. Quarterly report. A manufacturer of prescription drugs
dispensed in this State under a health program directed or
administered by the State shall, on a quarterly basis, report by
National Drug Code the following pharmaceutical pricing criteria
to the commissioner for each of its drugs:

 
A. The average wholesale price;

 
B. The wholesale acquisition cost;

 
C. The average manufacturer price as defined in 42 United
States Code, Section 1396r-8(k); and

 
D. The best price as defined in 42 United States Code,
Section 1396r-8(c)(1)(C).

 
The pricing information required under this section is for drugs
defined under the Medicaid drug rebate program and must be
submitted to the commissioner following its submission to the


LD 1541 Title Page Top of Page Page 2 of 3