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House amends bill to protect 340B covered entities and contract pharmacies; reporting and enforcement added
Summary
H.266 would prohibit certain manufacturer restrictions on 340B purchases, require reporting to the Green Mountain Care Board, protect contract pharmacy operations, mandate discount-at-purchase pricing, and create private remedies; the House amended the bill as recommended and ordered third reading.
The House on Friday amended H.266, which the Committee on Health Care presented as legislation to protect 340B covered entities and contract pharmacies, and ordered the bill for third reading.
Representative Rebecca (member from Winooski) explained that the federal 340B Drug Pricing Program, established in 1992, allows qualifying hospitals, health centers and clinics that serve vulnerable populations to purchase outpatient prescription drugs at reduced prices. “The goal of 340B is to stretch our federal resources, allowing those covered entities to provide more comprehensive services to uninsured and underinsured patients,” she said.
H.266 seeks to address…
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