North Dakota Code 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:
Terms Used In North Dakota Code 26.1-36.10-04
- following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
- year: means twelve consecutive months. See North Dakota Code 1-01-33
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.