§ 5 §2042-1 — Powers and duties of the board

1.
Prescription drug spending targets.
The board has the following powers and duties. For the purposes of this section, the term "public payor" means any division of state, county or municipal government that administers a health plan for employees of that division of state, county or municipal government or an association of state, county or municipal employers that administers a health plan for its employees, except for the MaineCare program. The board shall:
2.
Prescription drug spending data.
The board may consider the following data to accomplish its duties under this section:
3.
Recommendations.
Based upon the prescription drug spending data received under subsection 2, the board, in consultation with a representative of each public payor identified under subsection 1, paragraph A, shall determine methods for the public payor to meet the spending targets established under subsection 1. The board shall determine whether the following methods reduce costs to individuals purchasing prescription drugs through a public payor and allow public payors to meet the spending targets established under subsection 1:
4.
Report.
The board shall report its recommendations, including prescription drug spending targets, and the progress of implementing those recommendations to the joint standing committee of the Legislature having jurisdiction over health coverage and insurance matters no later than October 1, 2020 and on January 30th annually thereafter. The joint standing committee may report out legislation based upon the report.

Legislative History

PL 2019, c. 471, §1 (NEW). PL 2019, c. 472, §1 (NEW). PL 2021, c. 293, Pt. A, §5 (RPR).