Plain English Breakdown
Checked against official source text during the last sync.
Annual Report on Prescription Drug Rebates for State Health Plan
This law requires the state to publish a yearly report showing how much money is saved from prescription drug rebates and other price deals, which helps lower health insurance premiums.
What This Bill Does
- The bill creates an annual public report on prescription drug savings for state employees' health plans.
- It includes details about the amount of rebate payments received by the plan.
- It lists other price concessions that help reduce costs for participants.
Who It Names or Affects
- State employees who participate in the state health insurance plan
Limits and Unknowns
- This bill was withdrawn from the House and recommitted on April 4, 2025.
- No specific effective date is listed in this source text.