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First Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For SB24-077

SENATE COMMITTEE ON HEALTH & HUMAN SERVICES
Date Feb 21, 2024       Location SCR 357

SB24-077 - Lay Over
12:30:21 PM  
Senators Jaquez Lewis and Michaelson Jenet, primary bill sponsors, presented Senate Bill 24-077. Beginning January 1, 2025, the bill requires manufacturers of prescription drugs that are available in the state to register and pay a fee to the Division of Insurance in the Department of Regulatory Agencies. It also requires that copayment assistance programs for prescription drugs offered by manufacturers be available to the covered person in the plan for either the entire plan year or calendar year, whichever the deductible and out-of-pocket calculation applies to.
12:40:24 PM  
Katelin Lucariello, representing Pharmaceutical Research and Manufacturers of America, testified in opposition to the bill.

Ms. Amy Goodman, representing Colorado BioScience Association, testified in opposition to the bill.

Mr. Bob Bongiovanni, representing Colorado Individuals and Organizations Responding to HIV AIDS, testified to amend the bill.

Ms. Sara Froelich, representing Chronic Care Collaborative, testified to amend the bill.

Committee members asked the panel questions.
12:53:25 PM  
Mr. Brandon Arnold, representing Colorado Association of Health Plans, testified in support of the bill. Ms. Kelly Campbell, representing America's Health Insurance Plans, testified in support of the bill. Hope Stonner, representing Colorado Consumer Health Initiative, testified in support of the bill. Ms. Stacy Hodgson, representing National Multiple Sclerosis Society, testified in support of the bill. Mr. Patrick Boyle, representing Pharmacy Care Management Association, testified in support of the bill. Dr. Ky Davis, representing RxPlus Pharmacies, testified in support of the bill. Ms. Virginia Gebhart, representing Colorado Foundation for Universal Health Care, testified in support of the bill.
01:09:48 PM  
Ms. Jeanette Hensley, representing Colorado Center for Aging, testified in a neutral position on the bill.

Ms. Jane Horvath, representing themself, testified in a neutral position on the bill.

Additional written testimony was submitted to the committee (Attachment D).
01:15:27 PM  
The committee laid the bill over for action only.