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

Attachment Tag

File Name

Attachment F

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

HB23-1227 - Amended, referred to Senate Finance

Colorado General Assembly