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s_fin_2016a_2016-05-05t10:03:47z0 Hearing Summary

Date: 05/05/2016



Final

BILL SUMMARY for HB16-1361



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
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The committee was called to order. A quorum was present.



10:04 AM -- HB16-1361



Senators Sonnenberg and Newell, co-prime sponsors, presented House Bill 16-1361, which creates limitations for a health benefit plan or pharmacy benefit management firm that covers pharmaceutical services.



10:08 AM --
Mr. Patrick Boyle, representing Express Scripts, testified in opposition to the bill. He addressed questions from the committee.



10:22 AM --
Mr. Dan O'Connell, representing the Colorado Association of Commerce and Industry, testified in opposition to the bill. He addressed questions from the committee.





10:32 AM



Senator Sonnenberg commented on the testimony provided by Mr. Boyle and Mr. O'Connell.



10:33 AM --
Ms. Terri Newland, representing herself, testified in support of the bill.



10:37 AM --
Mr. Tom Davis, representing Kiowa Health Services, testified in support of the bill. Mr. Davis responded to questions from the committee.



10:44 AM --
Mr. Ky Davis, representing Harris Pharmacy, testified in support of the bill and answered questions from the committee. Discussion continued with Mr. Tom Davis and Mr. Ky Davis.



10:50 AM --
Ms. Kay Markus, representing themselves, testified in support of the bill.



10:55 AM --
Mr. Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill.



10:59 AM --
Mr. Val Kalnins, representing Value Pharmacists and the Independent Pharmacy Cooperative, testified in support of the bill. He responded to questions from the committee.



11:06 AM --
Mr. Richard Orf, representing Associated Governments of Northern Colorado, testified in support of the bill.





11:07 AM



Senator Newell made closing comments on the bill. The bill was laid over for action until the end of the calendar.