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WV SB675
Bill
Status
3/4/2025
Primary Sponsor
Patricia Rucker
Click for details
AI Summary
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Requires 340B covered entities (hospitals, clinics, and their contract pharmacies participating in the federal drug discount program) to submit annual reports to the West Virginia Board of Pharmacy by April 1 each year
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Mandates reporting of aggregate acquisition costs, payment amounts received, payments to contract pharmacies, number of claims, and how savings from the program are used for charity care or community benefits
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Requires data to be broken down by payer type: commercial insurance, Medicaid, and Medicare
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Designates all submitted data as confidential and exempt from public records requests under the Freedom of Information Act
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Directs the Board of Pharmacy to compile an annual aggregate report analyzing how covered entities use 340B savings, submit it to legislative committees by November 15, and publish it on the Board's website
Legislative Description
Requiring participant in federal 340B Drug Pricing Program to report certain data
Health
Last Action
To Government Organization
3/4/2025