Virginia 2022 Regular Session

Virginia House Bill HB478

Introduced
1/11/22  

Caption

Wholesale prescription drug importation program; Sec. of Health and Human Resources to establish.

Impact

The bill's implementation will require the Secretary of Health and Human Resources to designate a state agency as a licensed wholesaler for drug importation. This program includes strict provisions regarding compliance with U.S. Food and Drug Administration regulations and tracking requirements that ensure the safety of imported drugs. Annually, the Secretary will report to various governmental bodies on the program's effectiveness, including data on the number of prescriptions dispensed and savings achieved for health plans and consumers.

Summary

House Bill 478 establishes a wholesale prescription drug importation program in Virginia, aiming to provide significant cost savings for residents by enabling the state to import prescription drugs from licensed wholesalers in Canada. The bill mandates that this program must comply with federal regulations ensuring safety and effectiveness of the imported drugs. It also stipulates that only those drugs expected to yield substantial savings are to be imported, which could lead to more affordable medication options for Virginia residents.

Contention

While the bill has the potential to alleviate the high cost of prescription medications, it may face contention concerning its management and potential impact on local pharmacies and healthcare providers. Critics may express concerns about the effectiveness of the oversight mechanisms and how this program might affect existing local pharmacy business models due to increased competition from imported drugs. Moreover, there may be challenges regarding the logistical aspects of importing drugs safely and ensuring fair pricing for both consumers and healthcare providers.

Companion Bills

No companion bills found.

Previously Filed As

VA HB478

Wholesale prescription drug importation program; Sec. of Health and Human Resources to establish.

VA SB186

Wholesale prescription drug importation program; Sec. of Health and Human Resources to establish.

VA SB483

Creating Wholesale Prescription Drug Importation Program

VA S2400

Establishes the Wholesale Prescription Drug Importation Program for the importation of wholesale prescription drugs from Canada to provide savings to Rhode Island consumers.

VA S0467

Establishes the Wholesale Prescription Drug Importation Program for the importation of wholesale prescription drugs from Canada, to provide savings to Rhode Island consumers.

VA H5853

Establishes the Wholesale Prescription Drug Importation Program for the importation of wholesale prescription drugs from Canada, to provide savings to Rhode Island consumers.

VA H7444

Establishes the Wholesale Prescription Drug Importation Program for the importation of wholesale prescription drugs from Canada to provide savings to Rhode Island consumers.

VA SB183

Relating to wholesale importation of prescription drugs

VA HB3170

Relating to wholesale importation of prescription drugs

VA S0099

Wholesale Prescription Drug Importation Program

Similar Bills

CA AB458

Importation of prescription drugs.

CA SB1361

Prescription drugs: cost sharing: pharmacy benefit managers.

HI HB14

Relating To Prescription Drugs.

HI SB319

Relating To Prescription Drugs.

NJ A2809

Permits import of Canadian prescription drugs.

FL H0283

Storage and Disposal of Prescription Drugs and Sharps

IL HB1272

PRESCRIPTION DRUG IMPORT ACT

IL SB1971

PRESCRIPTION DRUG IMPORT ACT