Section 439B.650 - Department to compile annual report concerning price of certain drugs; contents of report; presentation of report at public hearing On or before June 1 of each year, the Department shall:
1. Analyze the information submitted pursuant to NRS 439B.635 to 439B.645, inclusive, and compile a report on the price of prescription drugs. The report: (a) Must include, without limitation, a separate analysis of the information reported by manufacturers, pharmacy benefit managers and wholesalers, the reasons for any increases in the prices of prescription drugs in this State and the effect of those prices on overall spending on prescription drugs, insurance premiums and cost-sharing in this State; and(b) May include, without limitation, opportunities for persons and entities in this State to lower the cost of prescription drugs while maintaining access to such drugs.2. Present the findings in the report at a public hearing.Added to NRS by 2017, 4299; A 2019, 1465; 2021, 3727Amended by 2021, Ch. 547,§14, eff. 10/1/2021.Amended by 2019, Ch. 258,§2, eff. 10/1/2019.Added by 2017, Ch. 592,§4.3, eff. 10/1/2017.