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March 25, 2024

House Passes Bill to Save Coloradans Money on Prescription Drugs

DENVER, CO – The House today passed a bill to save people money on prescription drugs. HB24-1010 would streamline prescription drug access for Coloradans with chronic, complex, rare, or life-threatening medical conditions and save them money on life-saving prescription drugs. 

“Health care decisions should be based on the health and safety of a patient, not dictated by profits for health care insurers,” said Rep. Iman Jodeh, D-Aurora. “Doctors are sometimes required to order medications for their patients through specific pharmacies, which leads to delays in care and additional costs for patients. We need to make sure Coloradans can access the medication they need, when they need it and this bill breaks down prescription drug access barriers while saving Coloradans money.” 

HB24-1010, also sponsored by Rep. Matt Soper, R-Delta, passed by a vote of 48 to 15. The bill would protect Coloradans’ access to critical provider-administered

prescription drugs by breaking down unnecessary barriers, including added fees, that make it difficult for patients to access their life-saving medication. The bill would:

  • Prohibit insurance carriers from requiring certain prescription drugs to be available only by specific pharmacies, or only at in-network pharmacies,

  • Prevent insurance carriers from limiting or excluding provider-administered prescription drugs due to the patient’s choice of preferred pharmacy, or

  • Prohibit insurance carriers from imposing additional fees, copayments, or coinsurance due to the patient’s choice of preferred pharmacy or if the provider-administered drug was not provided by a pharmacy in the carrier’s network.

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