N.D. Cent. Code § 26.1-36.10-04

Current through 2023 Legislative Sessions

Section 26.1-36.10-04 - Disclosure of health insurer spending information

1. On or before April first of each year, each health insurer shall submit a report to the commissioner. The report must contain the following information for the previous two calendar years:

a. Names of the twenty-five most frequently prescribed drugs across all plans;

b. Names of the twenty-five prescription drugs dispensed with the highest dollar spend in terms of gross revenue;

c. Percent increase in annual net spending for prescription drugs across all plans;

d. Percent increase in premiums which is attributable to prescription drugs across all plans;

e. Percentage of specialty drugs with utilization management requirements across all plans; and

f. Premium reductions attributable to specialty drug utilization management.

2. A report submitted by a health insurer may not disclose the identity of a specific health benefit plan or the prices charged for specific prescription drugs or classes of prescription drugs.

N.D.C.C. § 26.1-36.10-04

Added by S.L. 2021 , ch. 242( HB 1032 ), § 1, eff. 7/1/2021.