State Price Transparency App 3.0.0

Background:

• The increasing expenses of prescription medications have driven numerous states to introduce legislation focused on enhancing transparency regarding drug prices. Marbls mobile application serves as a tool for pharmaceutical manufacturers to adhere to these intricate obligations. The app facilitates easy access to critical information for the general public regarding the efforts of U.S. states towards promoting drug price transparency, aiming to enhance overall support for the healthcare system.

The Challenge:

• Despite these initiatives, a lack of consistency exists across different states concerning the specific requirements imposed. Criteria for reporting often entail varying submission frequencies (such as quarterly or annually) and demand submissions to different entities, including health departments, attorney generals, and insurance commissioners. Failure to comply with these reporting standards can lead to monetary penalties for manufacturers.

Our App as a Solution:

• Marbls has developed a mobile application designed to consolidate the legislative mandates of all states. The app offers analysts and manufacturers a centralized platform to access current and future business reporting requirements efficiently. Users can obtain comprehensive details on specific reporting and submission prerequisites for each state, including potential upcoming requirements. The application undergoes bi-monthly updates to ensure users have access to the latest legislative developments.

Additional Information (Video):

• Watch our informational video here.