California Health and Safety Code

§ 127679

HSC § 127679 Effective Jul 27, 2021Div. 107 · Part 2 · Ch. 9

Statute text

(a)On a quarterly basis at a time prescribed by the department and in a format prescribed by the department, commencing no earlier than January 1, 2019, a manufacturer shall report to the department all of the following information for each drug for which an increase in wholesale acquisition cost is described in Section 127677:

(1)A description of the specific financial and nonfinancial factors used to make the decision to increase the wholesale acquisition cost of the drug and the amount of the increase, including, but not limited to, an explanation of how these factors explain the increase in the wholesale acquisition cost of the drug.

(2)A schedule of wholesale acquisition cost increases for the drug for the previous five years if the drug was manufactured by the company.

…

Legislative history

Amended by Stats. 2021, Ch. 143, Sec. 111. (AB 133) Effective July 27, 2021.