On March 2, Governor Jared Polis held a press conference to announce a legislative package that he says will save people money on healthcare and increase transparency within the healthcare system. He emphasized that the package of bills builds on previous efforts and “will cut prescription drug costs, reduce premiums, strengthen the healthcare workforce and decrease hospital costs.” Of the nine bills the Governor highlighted, three are related to prescription drugs: HB23-1225 extends and expands the scope of the Prescription Drug Affordability Board (PDAB), HB23-1201 prohibits the practice of “spread pricing” by pharmacy benefit managers (PBMs), and HB23-1227 gives the Division of Insurance more direct oversight over PBMs. CBSA is evaluating these bills and will collaborate with partners and policymakers to advocate for policies that protect patient access and support a pro-innovation environment for…
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