Relating to a prescription drug purchasing pool for certain health benefit plan issuers and employers.

HB 1464 creates a prescription drug purchasing pool administered by the Texas comptroller, allowing insurance companies, public employers (like school districts and municipalities), and large self-insured private employers to buy prescription drugs at negotiated discounted rates. The pool does not create a shared financial risk pool - participants remain responsible for paying claims under their existing coverage agreements for employees, dependents, and retirees. Participants must enroll through comptroller-established procedures, and the pool offers optional stop-loss insurance to cover unexpected high-cost claims.