A bill for an act relating to manufacturers and wholesalers of 340B drugs.
Impact
If passed, HSB590 will amend current Iowa laws to prohibit manufacturers and wholesalers from interfering with the acquisition of 340B drugs by covered entities. This legislation is significant for healthcare providers that rely on the 340B program to provide services to low-income patients, as it aims to alleviate any pressure or restrictions that may otherwise hinder their ability to obtain necessary pharmaceuticals. By safeguarding these transactions, the bill is positioned to enhance the operational frameworks within which covered entities operate.
Summary
HSB590 addresses the regulation surrounding manufacturers and wholesalers of 340B drugs, specifically targeting the protections for covered entities purchasing these drugs. The bill establishes clear definitions for 340B drugs, manufacturers, and wholesalers as per existing federal law. This legislative initiative aims to ensure that covered entities can acquire 340B drugs without facing undue barriers from manufacturers or wholesalers, thus reinforcing access to essential medications at reduced prices.
Contention
Opponents of the bill may raise concerns regarding the potential implications for market dynamics between drug manufacturers, wholesalers, and the entities they serve. Questions could arise regarding whether these restrictions on manufacturers and wholesalers are overly burdensome or infringe on their rights to set contract terms and conditions. Additionally, the balance of maintaining a well-functioning drug market while ensuring patient access could become a focal point of contention during discussions surrounding the bill's provisions.
A bill for an act relating to contract pharmacies and covered entities that participate in the 340B drug program. (Formerly HSB 137.) Effective date: 07/01/2023.
An Act To Amend Titles 18 And 24 Of The Delaware Code Relating To Prohibiting Discrimination Against 340b Drugs And Covered Entities By Manufacturers And Pharmacy Benefits Managers.