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2013 Senate Bill 656: Require certain drug price limits in medical welfare programs

Public Act 167 of 2014

Introduced by Sen. Bruce Caswell (R) on October 29, 2013 To revise the formula and procedures prescribed for a “maximum allowable cost” scheme used by the state’s medical welfare programs to determine how much they will reimburse pharmacies for prescription drugs dispensed to beneficiaries.   Official Text and Analysis.
Referred to the Senate Reforms, Restructuring and Reinventing Committee on October 29, 2013
Reported in the Senate on November 14, 2013 With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered in the Senate on December 3, 2013
The substitute passed by voice vote in the Senate on December 3, 2013
Passed 34 to 2 in the Senate on December 4, 2013 (same description)
To revise the formula and procedures prescribed for a “maximum allowable cost” scheme used by the state’s medical welfare programs to determine how much they will reimburse pharmacies for prescription drugs dispensed to beneficiaries.
Received in the House on December 4, 2013
Referred to the House Health Policy Committee on December 4, 2013
Reported in the House on March 25, 2014 Without amendment and with the recommendation that the bill pass.
Passed 110 to 0 in the House on May 21, 2014 (same description)
To revise the formula and procedures prescribed for a “maximum allowable cost” scheme used by the state’s medical welfare programs to determine how much they will reimburse pharmacies for prescription drugs dispensed to beneficiaries.
Signed by Gov. Rick Snyder on June 12, 2014

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