HB 1056 CO Introduced
Prescription Drug Benefit Information Transparency
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Summary
The bill creates the "Prescription Drug Optimized Sourcing Transparency and Integrity Act" to prohibit a pharmacy benefit manager (PBM) or a health-care consultant from knowingly making or disseminating false or misleading statements or claims to a self-insured employer or policyholder about the legality or safety of a lawful prescription drug optimized sourcing program established by a pharmacy stewardship program.Upon written request by a self-insured employer, a PBM or health-care consultant is required to provide certain cost information for each prescription drug dispensed under the health benefit plan.The prohibition and information-sharing provisions of the bill do not restrict or limit the rights of a self-insured employer to purchase prescription drugs through and contract for a lawful prescription drug optimized sourcing program. The bill also recognizes that a pharmacy stewardship program is an effective cost-containment tool and is authorized when implemented in compliance with federal law and with the bill.(Note: This summary applies to this bill as introduced.)
Sponsor (1)
- K. DeGraaf Republican · sponsor
Action history (2)
- Feb 17, 2026 House Committee on Health & Human Services Postpone Indefinitely · lower
- Jan 14, 2026 Introduced In House - Assigned to Health & Human Services · lower
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