2007 Session

Budget Amendments - SB750 (Committee Approved)

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Report on Savings from Generic Drug Reimbursement (language only)

Item 302 #1s

Item 302 #1s

Health And Human Resources
Medical Assistance Services, Department of

Page 322, after line 16, insert:
"5.  The Department shall conduct an analysis of the fiscal impact of the implementation of "Average Manufacturer Price" (AMP), as required by the federal Deficit Reduction Act of 2005, Public Law 109-171.  By December 1, 2007, the Department shall report to the Chairmen of the Senate Finance and House Appropriations Committees the amount of savings built into the November 2007 Medicaid Forecast as a result of this change in federal law."

(This language amendment requires the Department of Medical Assistance Services to analyze and report on the fiscal impact of the federal Deficit Reduction Act (DRA) of 2005 changes which impact state payment and rebates for prescription drugs under the Medicaid program.)