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Treasurer's office proposes joining ArrayRx discount-card to lower drug costs; committee approves bill amendments
Summary
Treasury presenters described a plan for Vermont to join ArrayRx, a public multistate prescription discount-card program; they said the program could provide broad drug coverage with embedded small fees, and the Finance Committee voted 7-0 to report the enabling bill with an amendment and a $50,000 FY2027 appropriation.
A Treasury presentation to the Senate Finance Committee on May 1 proposed that Vermont join ArrayRx, a multistate, public-sector prescription discount-card collaborative that negotiates pricing and maintains a nationwide pharmacy network. "So what we are proposing is for Vermont to join a multistate collaborative known as ArrayRecs," the presenter said, describing a program used by Oregon and Washington and recently adopted by other states.
Peter Tremblay (director of legislative affairs) told the committee that even a small uptake could deliver meaningful savings: "If there were just 1 percent uptake ... that would be $20,000,000 more dollars per year back in Vermonters pockets,"…
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