California Proposition 79 (2005)
Encyclopedia
California Proposition 79 (2005) was an initiative
(aka Initiative Statute) in the November 8, 2005 elections that covers the areas of Prescription Drug
Discounts and State-Negotiated Rebates.
This proposition failed with 60.7% voting against.
Any such costs not covered through advance rebate payments from drug makers would be borne by the state General Fund. Unknown costs and savings as a result of provisions linking drug prices for the new drug discount program to Medi-Cal prices, including the potential effect on the state’s receipt of supplemental rebates; 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.
Details of this proposition are also available from the Legislative Analyst's Office.
Initiative
In political science, an initiative is a means by which a petition signed by a certain minimum number of registered voters can force a public vote...
(aka Initiative Statute) in the November 8, 2005 elections that covers the areas of Prescription Drug
Prescription drug
A prescription medication is a licensed medicine that is regulated by legislation to require a medical prescription before it can be obtained. The term is used to distinguish it from over-the-counter drugs which can be obtained without a prescription...
Discounts and State-Negotiated Rebates.
This proposition failed with 60.7% voting against.
Summary
Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: One-time and ongoing state costs, potentially in the millions to low tens of millions of dollars annually, for administration and outreach activities for a new drug discount program. A significant share of these costs would probably be borne by the state General Fund. A largely one-time state cost, potentially in the low tens of millions of dollars, to cover the funding gap between the time when drug rebates are collected by the state and when the state pays funds to pharmacies for drug discounts provided to consumers.Any such costs not covered through advance rebate payments from drug makers would be borne by the state General Fund. Unknown costs and savings as a result of provisions linking drug prices for the new drug discount program to Medi-Cal prices, including the potential effect on the state’s receipt of supplemental rebates; 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.
See also
- Elections in CaliforniaElections in CaliforniaElections in California are held to fill various state and federal seats. In California, regular elections are held every even year , however the seats being decided each year varies, as the terms of office for certain seats varies. Special elections are also held to fill certain seats at other...
- List of California ballot propositions
- health care politicsHealth care politicsHealth policy can be defined as the "decisions, plans, and actions that are undertaken to achieve specific health care goals within a society." According to the World Health Organization, an explicit health policy can achieve several things: it defines a vision for the future; it outlines...
External links
Details of this proposition are also available from the Legislative Analyst's Office.
- Easy voter guide website has a good summary and links to both supporting and opposing points of view.