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CO HB1438

Bill

Status

Passed

6/3/2024

Primary Sponsor

Iman Jodeh

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Adds deceptive trade practice violation under Colorado Consumer Protection Act for manufacturers failing to comply with insulin affordability program requirements under sections 12-280-139 and 12-280-140.

  • Transfers administration of insulin affordability and emergency insulin supply programs from Division of Insurance and Department of Health Care Policy and Financing to a newly created Board, with Attorney General authorized to enforce compliance.

  • Changes manufacturer penalties for noncompliance from fixed $10,000 monthly fines to variable fines equal to those permitted under the Colorado Consumer Protection Act.

  • Expands epinephrine auto-injector affordability program to require all manufacturers to participate, mandates multilingual application forms with QR codes accessible to pharmacies and individuals, and establishes point-of-sale electronic claim reimbursement standards.

  • Appropriates $8,874 from the Division of Professions and Occupations cash fund for 2024-25 fiscal year to support 0.2 FTE for program implementation.

Legislative Description

Implement Prescription Drug Affordability Programs

Health Care & Health Insurance

Last Action

Governor Signed

6/3/2024

Committee Referrals

Appropriations4/29/2024
Judiciary4/24/2024
Committee of the Whole4/19/2024
Appropriations4/16/2024
Health and Human Services4/2/2024

Full Bill Text

No bill text available