Bill > SB647

This bill authorizes the New Hampshire Department of Insurance to join a cooperative procurement group through an intergovernmental agreement specifically for establishing a prescription drug discount program. The bill requires that any such agreement must first be approved by the state's governor and executive council, which provides an additional layer of oversight. The prescription drug discount program is designed to help reduce the cost of medications for residents, likely by leveraging collective purchasing power across multiple government entities. The legislation is set to take effect on July 1, 2026, giving state agencies time to prepare and develop the necessary agreements and infrastructure for the program. By allowing the Department of Insurance to participate in this cooperative group, the bill aims to potentially create cost savings and improved access to prescription medications for state residents.

Health and Social Services

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1281&inflect=2