Minnesota SF2176 requires health carriers to pass on all rebates and discounts to enrollees at the point of sale.

Minnesota SF2176 mandates that health carriers pass on all rebates and discounts to enrollees at the point of sale. The bill defines "defined cost-sharing" as the deductible or coinsurance amount imposed on an enrollee for a covered prescription drug. Rebates must reduce the enrollee's cost-sharing by 100 percent of all rebates received. Health carriers must maintain the confidentiality of rebate information, which is protected as a trade secret and not a public record. Failure to comply with the bill may result in sanctions, including civil penalties and license suspension or revocation.

Minnesota SF2176 requires health carriers to pass on all rebates and discounts to enrollees at the point of sale.

Minnesota SF2176 mandates that health carriers pass on all rebates and discounts to enrollees at the point of sale. The bill defines "defined cost-sharing" as the deductible or coinsurance amount imposed on an enrollee for a covered prescription drug. Rebates must reduce the enrollee's cost-sharing by 100 percent of all rebates received. Health carriers must maintain the confidentiality of rebate information, which is protected as a trade secret and not a public record. Failure to comply with the bill may result in sanctions, including civil penalties and license suspension or revocation.