Section 36-35-1 – Short Title.

Section 36-35-1 Short title. This chapter shall be called the Alabama Prescription Cost Initiative. (Act 2004-539, p. 1137, §1.)

Section 36-35-10 – Waivers.

Section 36-35-10 Waivers. A department or governmental entity may seek any waivers of federal law, rule, or regulation necessary to implement this chapter. (Act 2004-539, p. 1137, §10.)

Section 36-35-2 – Definitions.

Section 36-35-2 Definitions. As used in this chapter, the following words and phrases shall have the following meanings: (1) BOARD. The Alabama Prescription Cost Initiative Board created by Section 36-35-4 to administer the program. (2) COOPERATIVE. A business entity functioning on a cooperative basis that distributes its income to a particular member in proportion with […]

Section 36-35-3 – Alabama Prescription Cost Initiative Board.

Section 36-35-3 Alabama Prescription Cost Initiative Board. (a) The Alabama Prescription Cost Initiative Board is created. (b) The board shall consist of the following voting members: The executive director or chief staff person of the State Employees Insurance Board (SEIB) and the Public Education Employees Health Insurance Plan (PEEHIP), the Chair of the Board of […]

Section 36-35-4 – Calculation of Savings From Drug Discounts; Disbursement of Savings.

Section 36-35-4 Calculation of savings from drug discounts; disbursement of savings. Savings achieved through drug discounts received by departments and governmental entities shall be calculated on a quarterly basis by the board. A prorated share of the savings of each department or governmental entity, based on the percentage of the department or entity patronage as […]

Section 36-35-5 – Negotiation of Discount Prices or Rebates.

Section 36-35-5 Negotiation of discount prices or rebates. The board through its executive director shall oversee the negotiation of discount prices or rebates for prescription drugs from drug manufacturers. (Act 2004-539, p. 1137, §5.)

Section 36-35-6 – Annual Report.

Section 36-35-6 Annual report. The board shall report the savings from rebates and discounts to the Legislature by February 1 of each year, beginning in 2005. (Act 2004-539, p. 1137, §6.)

Section 36-35-7 – Combined Negotiations.

Section 36-35-7 Combined negotiations. If the board through its executive director finds that it is beneficial to another state program to combine drug pricing negotiations to maximize drug rebates, the board through its executive director shall do so. (Act 2004-539, p. 1137, §7.)

Section 36-35-8 – Election of Participation.

Section 36-35-8 Election of participation. Any state department or other governmental entity may elect to participate in the Alabama Prescription Cost Initiative by providing written notice to the board. Notwithstanding the foregoing, the Alabama Medicaid Agency may participate only if the agency’s participation is approved by the Federal Centers for Medicare and Medicaid Services. (Act […]

Section 36-35-9 – Rules and Regulations.

Section 36-35-9 Rules and regulations. The board and each department and governmental entity shall promulgate and adopt rules to implement this chapter. Rules promulgated by the board, department, or governmental entity pursuant to this chapter are exempt from the Alabama Administrative Procedure Act. (Act 2004-539, p. 1137, §9.)