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2AF3FDE8078D7A458725899700783F35 Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1227

SENATE COMMITTEE ON HEALTH & HUMAN SERVICES
Date Apr 20, 2023      
Location LSB B



HB23-1227 - Amended, referred to Senate Finance


03:53:26 PM  
Senator Will and
Senator Jaquez Lewis, co-prime bill sponsors, presented House Bill 23-1227
concerning making pharmacy benefit manager (PBM) requirements enforceable
by the Commissioner of Insurance in the Division of Insurance (DOI), Department
of Regulatory Agencies. It requires all PBMs to register with the commissioner
and pay a registration fee. These fees, credited to the DOI Cash Fund,
must fund the division’s costs to enforce PBM requirements and prohibitions.
03:58:42 PM  
Dr. Emily Zadvorny, representing Colorado Pharmacists Society, testified in support of the bill.
04:02:37 PM  
Dr. Ky Davis, representing RxPlus Pharmacies, testified in support of the bill.
04:08:42 PM  
Senator Jaquez Lewis
explained amendment L.006 (Attachment F). The committee asked questions
regarding L.006.


04:09:22 PM
Motion Adopt amendment L.006 (Attachment F).
Moved Jaquez Lewis
Seconded
Buckner
Cutter Excused
Jaquez Lewis
Lundeen
Mullica
Rich
Will
Ginal Excused
Fields Excused
YES: 0   NO: 0   EXC: 3   ABS:  0   FINAL ACTION:  Pass Without Objection


04:10:09 PM
Motion Refer House Bill 23-1227, as amended, to the Committee on Finance.
Moved Will
Seconded
Buckner Yes
Cutter Excused
Jaquez Lewis Yes
Lundeen No
Mullica Excused
Rich Yes
Will Yes
Ginal Yes
Fields Excused
Final YES: 5   NO: 1   EXC: 3   ABS:  0   FINAL ACTION:  PASS






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