HB 24-1438 CO Became Law
Implement Prescription Drug Affordability Programs
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Summary
The act makes it a deceptive trade practice under the "Colorado Consumer Protection Act" for a manufacturer of insulin to fail to comply with the manufacturer requirements under the insulin affordability program and for the emergency supply of prescription insulin. The act also authorizes the attorney general to enforce the epinephrine auto-injector affordability program (epinephrine program). For the insulin affordability program, the state board of pharmacy (board), rather than the division of insurance (division) and the department of health care policy and financing (department), shall develop an application form for the insulin affordability program, make the application form available on the board's website, provide the application form to pharmacies and health-care providers and others, and promote the availability of the program to Coloradans. For the emergency supply of prescription insulin, the board, rather than the division and the department, shall develop an application form for individuals seeking an emergency supply of prescription insulin, make the application form available to the public, and promote the availability of the emergency supply of prescription insulin to Coloradans. The act also changes the amount of a fine for a manufacturer's failure to comply with the requirements of the insulin affordability program or with the requirements for the emergency supply of prescription insulin, or for failure to comply with the epinephrine program, to the amount and frequency of the fine that is permitted under the "Colorado Consumer Protection Act". For the epinephrine program, the act requires all manufacturers subject to the epinephrine program to participate in the epinephrine program. The board shall develop a program application form and make the form available to individuals, pharmacies, health-care providers, and health facilities through the board's website, with each manufacturer required to link to the epinephrine program on the manufacturer's website. The board shall also provide information to pharmacies about the epinephrine program that includes a quick response (QR) code to allow individuals to access the epinephrine program's application online, including how to submit the application, and information necessary for a dispensing pharmacy to successfully submit an electronic claim for reimbursement of the cost to dispense an epinephrine auto-injector to an individual, above any required cost sharing by the individual. APPROVED by Governor June 3, 2024 EFFECTIVE June 3, 2024(Note: This summary applies to this bill as enacted.)
Sponsors (3)
- Javier Mabrey Democratic · primary
- Iman Jodeh Democratic · primary
- Dylan Roberts Democratic · primary
Action history (17)
- Jun 3, 2024 Governor Signed · executive
- May 28, 2024 Sent to the Governor · executive
- May 28, 2024 Signed by the President of the Senate · upper
- May 28, 2024 Signed by the Speaker of the House · lower
- May 4, 2024 House Considered Senate Amendments - Result was to Concur - Repass · lower
- May 3, 2024 House Considered Senate Amendments - Result was to Laid Over Daily · lower
- May 2, 2024 Senate Third Reading Passed - No Amendments · upper
- May 1, 2024 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
- May 1, 2024 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
- Apr 29, 2024 Senate Committee on Judiciary Refer Amended to Appropriations · upper
- Apr 24, 2024 Introduced In Senate - Assigned to Judiciary · upper
- Apr 24, 2024 House Third Reading Passed - No Amendments · lower
- Apr 22, 2024 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 20, 2024 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
- Apr 19, 2024 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
- Apr 16, 2024 House Committee on Health & Human Services Refer Amended to Appropriations · lower
- Apr 2, 2024 Introduced In House - Assigned to Health & Human Services · lower
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