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UT HCR002

UT HCR002
Concurrent Resolution Directing PEHP Regarding Pharmaceutical Rebates


summary

Introduced
01/21/2025
In Committee
02/07/2025
Crossed Over
01/31/2025
Passed
02/13/2025
Dead
Signed/Enacted/Adopted
02/27/2025

Introduced Session

2025 General Session

Bill Summary

General Description: This resolution directs the Public Employees' Benefit and Insurance Program to give the estimated value of pharmaceutical rebates to state plan members at the point of sale.

AI Summary

This concurrent resolution directs the Public Employees' Benefit and Insurance Program (PEHP) to address pharmaceutical rebates in the state health plan by requiring PEHP to pass the estimated value of drug rebates directly to plan members at the point of sale, proportional to their cost-sharing responsibility. The resolution acknowledges that pharmaceutical rebates create a financial burden on patients with high-cost health conditions, who currently pay higher prices to subsidize rebates for other plan members. To ensure the change remains cost-neutral, the resolution suggests that the rebate costs can be spread across all covered state members through either increased member premiums or reduced health savings account contributions. Additionally, the resolution calls on PEHP to optimize its pharmacy benefit manager contract by continuously monitoring and updating the contract terms. The underlying context is to provide financial relief to state employees and their family members who require expensive medications by redistributing the current rebate system in a more equitable manner. The resolution highlights that the total cost of implementing this change would be approximately $2.84 per member per month.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (2)

Last Action

Governor Signed in Lieutenant Governor's office for filing (on 02/27/2025)

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