Relates to establishing the expanded pharmaceutical insurance coverage panel

This bill creates a new panel within the executive department to oversee and expand pharmaceutical insurance coverage for eligible residents. The panel will include leaders from key state agencies such as health, education, and financial services, who will meet at least twice a year to manage program regulations, set cost-sharing schedules, and implement outreach efforts. Additionally, the legislation establishes an advisory committee of twelve members representing consumers, pharmacists, and manufacturers to provide input on program improvements. The panel is required to submit an annual report to state leaders detailing enrollment statistics, financial data, and an evaluation of the program's performance.