HB 1464

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 1464 establishes a prescription drug purchasing pool for health benefit plan issuers, public employers, and private employers in Texas. The program, administered by the comptroller, aims to reduce prescription drug costs through negotiated discounts while maintaining separate financial responsibilities for participating entities. It also allows optional stop-loss coverage and joint purchasing agreements among participants​.
Author (1)
James Talarico
Related Legislation
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