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CO HB1438
Bill
Status
6/3/2024
Primary Sponsor
Iman Jodeh
Click for details
AI Summary
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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.
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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.
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Changes manufacturer penalties for noncompliance from fixed $10,000 monthly fines to variable fines equal to those permitted under the Colorado Consumer Protection Act.
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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.
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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