Sec. 9.
The department of management and budget shall contract with an independent third party for a report which shall determine the extent of competition in the retail pharmacy industry, whether such competition results in maximum economic efficiency and the lowest possible costs for consumers, and the potential effects of this act on the retail pharmacy industry. Such report shall be submitted to the legislature before June 1, 1986.
History: 1984, Act 233, Eff, Dec. 20, 1984 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
Structure Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 233 of 1984 - Prudent Purchaser Act (550.51 - 550.63)
Section 550.53b - Prudent Purchaser Agreement Services; Providing Requested Information to Insurer.
Section 550.54 - Discrimination Prohibited; Complaint of Violation; Hearing; Penalty.
Section 550.55 - Notice of Membership in Provider Panels; Display.
Section 550.57 - Agreements Between Health Care Providers and Purchasers of Health Care Services.
Section 550.58 - Organization Subject to Enabling Act; Financial Records.
Section 550.59 - Report on Competition in Retail Pharmacy Industry.
Section 550.60 - Repealed. 2005, Act 203, Imd. Eff. Nov. 10, 2005.
Section 550.61 - Repealed. 1988, Act 282, Imd. Eff. July 27, 1988.
Section 550.62 - Provisions Inapplicable to Certain Contracts and Renewal Thereof.