Prescription Drug Affordability Board; established; drug cost affordability review. Establishes the Prescription Drug Affordability Review Board for the purpose of protecting state residents, state and local governments, commercial health plans, health care providers, pharmacies licensed in the Commonwealth, and other stakeholders within the health care system from the high costs of prescription drug products. The bill directs the Governor to appoint members and alternate members of the Board. The Board is required to meet in open session at least four times annually, with certain exceptions and requirements. Members of the Board are required to disclose any conflicts of interest, as described in the bill. The bill also creates a stakeholder council for the purpose of assisting the Board in making decisions related to drug cost affordability. The Board is tasked with identifying prescription, generic, and other drugs, as defined in the bill, and, in the Board's discretion, conducting an affordability review of the prescription drug product. Factors for the Board to consider that indicate an affordability challenge are listed in the bill. Any person aggrieved by a decision of the Board may request an appeal of the Board's decision, as provided in the bill, and the Attorney General shall have authority to enforce the provisions of the bill.The bill also creates the Prescription Drug Affordability Fund to be used for funding operations of the Board and reimbursing other state agencies for implementing the provisions of the bill. The Board is required to report to the General Assembly twice annually, beginning on July 1, 2023, and December 1, 2023.Provisions of the bill shall apply to state-sponsored and state-regulated health plans and health programs and obligate such policies to limit drug payment amounts and reimbursements to an upper payment limit amount set by the Board, if applicable, following an affordability review. Medicare Part D plans shall not be bound by such decisions of the Board.The bill contains a severability clause and has a delayed effective date of January 1, 2023.
Total votes
26,169
all sessions
Attendance
99%
112 missed
Near the chamber average
With party
98%
of cast votes
Near the chamber average
Bipartisan score
1%
crosses aisle rarely
Near the chamber average
Sponsored
1,596
bills & resolutions
Lower than 96% of chamber peers
Committees
0
assignments
1,596 bills and resolutions
Sponsored bills
Total
1,596
Primary
372
Co-sponsor
1,224
This page
1,596
matching current filters
Prescription Drug Affordability Board; established, drug cost affordability review, report.
In committee Jan 31, 2022
1 co-sponsor
Commending the Richmond Chapter of the Islamic Circle of North America Relief.
Commending the Richmond Chapter of the IslamicCircle of North America Relief.
Introduced Jan 27, 2022
1 co-sponsor
Celebrating the life of Thomas Michael Simcoe.
Celebrating the life of Thomas Michael Simcoe.
Passed Jan 27, 2022
1 co-sponsor
Non-skilled home care organizations; triennial audit requirement.
Department of Health; non-skilled home careorganizations; triennial audit requirement. Directs the Departmentof Health to amend its regulations to exempt non-skilled home careorganizations that do not participate in government-funded programsfrom the requirement of a triennial audit for licensing.
In committee Jan 27, 2022
0 co-sponsors
Celebrating the life of the Honorable Thomas Anthony Fortkort.
Celebrating the life of the Honorable ThomasAnthony Fortkort.
Introduced Jan 24, 2022
1 co-sponsor
Commending George Mason University.
Commending George Mason University.
Passed Jan 24, 2022
1 co-sponsor
Celebrating the life of Commander Brian Michael Bourgeois, USN.
Celebrating the life of Commander Brian MichaelBourgeois, USN.
Introduced Jan 24, 2022
1 co-sponsor
Commending the Honorable William C. Mims.
Commending the Honorable William C. Mims.
Introduced Jan 24, 2022
1 co-sponsor
Commending the Honorable Michael J. Cassidy.
Commending the Honorable Michael J. Cassidy.
Passed Jan 24, 2022
1 co-sponsor
Commending Daphne Tamara Fulson.
Commending Daphne Tamara Fulson.
Introduced Jan 20, 2022
1 co-sponsor
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