HB668 Summary

• Authorizes the Director of Human Services to apply for and enroll Hawaii as a member of the Sovereign States Drug Consortium, a state-owned medicaid drug rebate pool approved by the federal Centers for Medicare and Medicaid Services.

• Requires the application for membership to occur upon approval of this Act.

• Allows the department of human services and department of health to seek grants from private or federal sources to fund Hawaii's membership in the Consortium.

• Intends to lower medicaid purchasing and administrative costs to the State by leveraging collective purchasing power and accessing additional drug rebates negotiated by the Consortium.