ColoradoReducing Costs of Health Care for Patients
What it does
The bill requires nonprofit hospitals (hospitals) to use 340B profits to decrease out-of-pocket costs for low-income patients. details prohibited uses of 340B profits for nonprofit hospitals. The bill requires entities covered under the federal 340B drug pricing program that are hospitals licensed by the state to report information related to their participation in the 340B program, their use of 340B program profits, their provision of charity care, their payments to third parties for 340B program-related services and compliance, and their use of contract pharmacies.
More detail
The bill grants sole community hospitals and critical access hospitals unrestricted access to, and delivery of, 340B drugs. The bill requires the joint budget committee to annually issue a request for information to the department of health care policy and financing and to the department of personnel and administration for information related to the losses and costs to the state medical assistance program that arise from a nonprofit hospital's participation in the 340B drug program. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 7Senate Considered House Amendments - Result was to AdhereLatest
- Vote recorded ADHERE. Result: pass.Upper
- May 6House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- May 5House Second Reading Special Order - Passed with Amendments - Committee, Floor
- May 3House Committee on Health & Human Services Refer Amended to House Committee of the WholeMinor
- Apr 30House Committee on Health & Human Services Witness Testimony and/or Committee Discussion Only
- Mar 26Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Mar 26Introduced In House - Assigned to Health & Human ServicesMinor
- Mar 25Senate Second Reading Passed with Amendments - CommitteeMinor
- Mar 21Senate Second Reading Laid Over to 03/25/2025 - No Amendments
- Mar 19Senate Committee on Health & Human Services Refer Amended to Senate Committee of the WholeMinor
- Mar 13Senate Committee on Health & Human Services Lay Over Amended
- Feb 4Introduced In Senate - Assigned to Health & Human ServicesIntroduced
- May 7Senate Considered House Amendments - Result was to AdhereLatest