Bill Text: NY A02340 | 2021-2022 | General Assembly | Introduced
Bill Title: Requires pharmacies to provide customers directly with the retail (before insurance) price of a prescription, in writing and electronically prior to purchase.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-05 - referred to health [A02340 Detail]
Download: New_York-2021-A02340-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2340 2021-2022 Regular Sessions IN ASSEMBLY January 14, 2021 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Health AN ACT to amend the public health law and the education law, in relation to transparency in retail prices of prescription drugs The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public health law is amended by adding a new section 2 278-a to read as follows: 3 § 278-a. Prescription drug price transparency. 1. As used in this 4 section, "retail price" shall mean the price at which a particular drug 5 is sold notwithstanding the cost an individual would pay after pharma- 6 ceutical insurance pricing is calculated. 7 2. Every recipient of a pharmaceutical product pursuant to 8 prescription via mail order or other conventional means shall be 9 provided with the retail price of his or her prescription in writing or 10 transmitted such in an electronic format, including, but not limited to 11 SMS or e-mail prior to being charged for such prescription. 12 3. A pharmacy that receives an electronic prescription shall, at the 13 time the prescription is dispensed, provide the retail price of the 14 prescription in writing or transmit such in an electronic format, 15 including, but not limited to SMS or e-mail directly to the patient or 16 the person making the request on behalf of the patient. 17 4. The price transparency required pursuant to this section shall 18 apply to all new prescriptions written after the effective date of this 19 section; provided, however, that any individual who requests retail 20 price information about a prescription originally written before the 21 enactment of this section shall be provided with such information in 22 written or electronic form as described in subdivision two of this 23 section. 24 § 2. Section 6810 of the education law is amended by adding a new 25 subdivision 10-b to read as follows: EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00564-01-1A. 2340 2 1 10-b. A pharmacy shall, at the time a prescription is dispensed, 2 provide the retail price of the prescription in writing or transmit such 3 in an electronic format, including, but not limited to SMS or e-mail 4 directly to the patient or the person making the request on behalf of 5 the patient in accordance with section two hundred seventy-eight-a of 6 the public health law. 7 § 3. This act shall take effect on the ninetieth day after it shall 8 have become law. Effective immediately, the addition, amendment and/or 9 repeal of any rule or regulation necessary for the implementation of 10 this act on its effective date are authorized to be made and completed 11 on or before such effective date.