Virginia 2022 Regular Session

Virginia House Bill HB591

Introduced
1/11/22  

Caption

State agency prescription drug purchasing, etc.; Sec. of HHR to develop plan to consolidate.

Impact

If enacted, HB 591 would significantly influence state law concerning the purchasing practices associated with prescription drugs. The Secretary will be tasked with delivering interim and final reports to the Governor and General Assembly including estimates of potential cost savings and recommendations for the administration of these consolidated purchasing initiatives. As such, the bill aims not only to provide direct fiscal benefits but also to standardize practices across various state sectors involved in healthcare.

Summary

House Bill 591 mandates that the Secretary of Health and Human Resources develop a plan to consolidate state agency prescription drug purchasing and reimbursement programs. The primary goal of the bill is to enhance efficiency in the procurement of prescription drugs and to reduce overall spending. This plan requires the identification of state agencies currently involved in drug purchasing, reviewing their negotiation processes, and determining ways to streamline these through group procurement. The focus is on utilizing multi-agency approaches to maximize savings through better purchasing agreements.

Contention

While the bill's intent is to reduce prescription drug costs for the state, concerns may arise regarding the effectiveness and efficiency of the mandated consolidation. Stakeholders, including health care providers and possibly affected pharmaceutical companies, could raise points of contention regarding the impact on local purchasing autonomy, the adaptability of smaller agencies, and the potential risk of reduced competition among drug suppliers. Furthermore, discussions in committee sessions may reflect these apprehensions, particularly regarding the transition to a bulk purchasing model.

Voting_history

The voting history for HB 591 shows strong bipartisan support, with the initial recommendation from the House Subcommittee passing unanimously (7-0). This support signifies a collective recognition of the potential benefits of the proposed changes in state drug procurement strategies.

Companion Bills

No companion bills found.

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