CLICS/CLICS2024A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB24-080
HOUSE COMMITTEE ON HEALTH & HUMAN SERVICES
Date May 2, 2024
Location Old State Library
SB24-080 - Referred to House Appropriations
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07:42:56 PM |
The primary bill
sponsors, Representatives Young and Marvin, introduced Senate Bill 24-080
to the House Health and Human Services Committee. The bill requires health
insurance carriers to comply with federal price transparency laws, provide
consumer access to accurate health care coverage price information, and
report federal pharmacy and drug cost information to the Division of Insurance
in the Department of Regulatory Agencies. Beginning in July 2024, carriers
must create a digital tool for enrolled people that provides real-time
responses to questions related to carrier prices. Beginning in July 2025,
carriers must publicly publish and update price transparency information
every six months, and submit federal pharmacy benefit and drug cost information
to the division on an annual basis.
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07:47:43 PM |
The bill sponsors responded to questions from the committee.
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07:48:36 PM |
Michael Conway, representing
Division of Insurance, testified in support of the bill.
Ms. Bethany Pray,
representing Colorado Center on Law and Policy, testified in support of
the bill.
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07:52:29 PM |
The witness panel responded to questions from the committee.
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07:58:18 PM |
The primary bill
sponsors, Representatives Young and Marvin, provided closing comments on
Senate Bill 24-080.
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07:59:41 PM |
Members of the committee provided closing comments on the bill.
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08:02:00 PM
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Motion |
Refer Senate Bill 24-080 to the Committee on Appropriations. |
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| Moved |
Young |
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| Seconded |
Lieder |
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Bradfield |
No |
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Bradley |
No |
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Brown |
Yes |
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English |
Yes |
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Hamrick |
Yes |
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Hernandez |
Yes |
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Lieder |
Yes |
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McCormick |
Yes |
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Ortiz |
Excused |
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Weinberg |
No |
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Wilson |
No |
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Young |
Yes |
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Daugherty |
Yes |
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Final |
YES: 8 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS |
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