SB25-124
Reducing Costs of Health Care for Patients
Concerning outpatient drugs that are sold at a discount to nonprofit hospitals through the federal 340B drug pricing program.
Session:
2025 Regular Session
Subject:
Bill Summary
Health Care & Health Insurance
The bill requires nonprofit hospitals (hospitals) to use 340B profits to decrease out-of-pocket costs for low-income patients.
The bill requires entities covered under the federal 340B drug pricing program that are hospitals licensed by the state to report information related to their participation in the 340B program, their use
of 340B program profits, their provision of charity care, their payments to third parties for 340B program-related services and compliance, and their use of contract pharmacies.
(Note: This summary applies to this bill as introduced.)