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Mandate Details

Description: Report results of a comparison of: (1) actual, electronically adjudicated prescription drug costs under the first two years of the contract that begins on January 1, 2023, with a pharmacy benefit manager that was selected by the reverse auction; and (2) a projection of what prescription drug costs would have been for those same two years under the pharmacy benefit manager contract in effect from 2018 to 2022, with appropriate adjustment for any adopted formulary or beneficiary utilization changes.
Law: 2021 Minn. Laws 1st Spl. Sess. Chap. 12 Art. 2 Sec. 8
Statute: 43A.231 Subd. 5(a)
Agency(ies)/Supplier(s): Minn. Management & Budget
Due Date: 03/01/2025
Frequency: One time
Subjects: Health Care - Pharmaceuticals
Committee/Agency Jurisdiction: State Government
State Government Finance
Note: 2021 Minn. Laws 1st Spl. Sess. Chap. 12 Art. 2 Sec. 8 (Minn. Stat. 43A.231 Subd. 5(c)) mandates a report by the Office of the Legislative Auditor to determine whether the report by Minn. Management & Budget under this mandate made the comparison accurately.

Item(s) Received

No items received for this mandate.