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Delegate Worrell: West Virginia Leading the Way in Low-Cost Prescription Drug Program Protection
BARBOURSVILLE, W.Va. – Delegate Evan Worrell, R-Cabell, today said a bill from the 2019 regular session is now leading the way to ensure West Virginians have access to low-cost prescription medications.
During the 2019 Legislative Session, the Legislature passed and Gov. Jim Justice signed Senate Bill 489, which established regulatory standards for pharmacy benefit managers (also known as PBMs) under the oversight of the West Virginia Offices of the Insurance Commissioner. The bill also contained a succinct, but extraordinarily important provision which protects the 340B Drug Pricing Program.
“This federal program is rarely discussed, but its impact is felt throughout the Mountain State,” Delegate Worrell said.
The 340B program enables safety net health care providers such as federally qualified health centers (“FQHCs”) and certain hospitals – referred to as “covered entities” – to pay reduced prices for drugs.
https://www.wvlegislature.gov/news_release/pressrelease.cfm?release=2686
