The new year brings with it several new laws in Minnesota that will take effect Jan. 1 covering pharmacy benefit managers, people who prescribe opioids and those who traffic in imported animal parts, including rhino horns and elephant tusks. You know who you are.
Here are three new state laws to consider as the ball drops on New Year's Eve.
New rules for pharmacy 'middlemen'
Effective Wednesday, Minnesota will join a growing number of states that regulate pharmacy benefit managers, the entities that negotiate how much health plans pay drug manufacturers for the medications they cover.
The deals often involve rebates or administrative fees, but little has been known about how much the companies keep for themselves. Such arrangements have also earned the companies the nickname of "pharmacy middlemen."
Now, under the new law, pharmacy benefit managers must be licensed by the Department of Commerce to operate in Minnesota and disclose rebates and other financial arrangements to the department and to health plans.
The companies could be fined $5,000 for each day they act without a license and also face additional civil penalties for not complying with reporting requirements.
An extra note of trivia: This will be one of the last laws to go on the books that originated in bills sponsored by state Rep. Alice Mann, DFL-Lakeville, and state Sen. Scott Jensen, R-Chaska, respectively. Mann announced this year that she would be retiring from the Legislature after one term. Jensen has said he will not seek re-election in 2020.
Opioid crisis response
Most of Minnesota's legislative response to the opioid crisis took effect on July 1 alongside most of the new laws that passed last session.