Attorney General No.

SA2005RF0052

Secretary of State No.

1113

Description

Creates prescription drug discount program for all Californians, regardless of income/insurance status. Authorizes Board of Administration of Public Employees Retirement System to negotiate contracts for discounts on prescription drugs. Allows enrollees to purchase discounted prescription drugs form participating pharmacies. Requires continuous open enrollment and outreach. Imposes annual licensing fees on drug manufacturers and their marketing representatives. Requires that fees and fines be applied to program costs up to specified amount. Compels licensees to disclose health risks of prescription drugs to physicians. Requires licensees to disclose gifts to physicians valued at more than ten dollars. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Ongoing state costs, probably less than $10 million annually, for administration and outreach activities by PERS and the Board of Pharmacy for new pharmacy assistance and licensing programs established by this initiative. These ongoing costs would probably be offset by licensing revenues and fines. Unknown savings on state and county health program costs due to the availability of drug discounts and unknown costs and offsetting revenues from the anti-profiteering provisions.

Proponents

Gerald Flanagan

Date

3-18-2005

Document Type

Initiative

Qualified

Failed to Qualify

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