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DVHA reports $287 million drug spend, sets aside $4.5 million for new high-cost therapies

2272899 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

DVHA told lawmakers it manages roughly $287 million in drug spending across state programs, reported a 4% decline in gross drug spend last year and included a $4.5 million FY26 request to cover new, very high-cost therapies not in the current baseline.

Department of Vermont Health Access officials told the House Appropriations Committee that the agency manages about $287 million in gross drug spending across publicly funded programs and reported a roughly 4% decrease in gross spend in the most recent fiscal year.

Stephanie Barrett, DVHA chief financial officer, told the committee the total managed drug spend covers Medicaid and other public programs and that physician‑administered drugs sometimes fall outside the Medicaid system’s reporting. Barrett said DVHA recorded a decrease of about 4%…

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