Webinar: New Tools to Lower Rx Drug Costs – State Buy-In Model Legislation and Model PBM Contract Language, for States Only
States have leverage as large purchasers of health care, including prescription drugs. NASHP’s newest model legislation helps state employee health plans and others bid and contract for pharmacy benefit manager (PBMs) services to assure maximum efficiency and savings. Building on that PBM model contract, NASHP’s newest model legislation allows individuals and businesses to buy into state purchasing pools for prescription drugs. By expanding the number of covered lives in a pool, states’ purchasing and bargaining power grows to benefit both current state employee health plan enrollees and those who would buy into the prescription purchasing pool (such as municipalities, state university systems, self-insured private employers, and insurers offering coverage to small groups and individuals). The model would also provide the basis for a drug discount program for the uninsured.
In this webinar, NASHP legal consultant Erin Fuse Brown, MPH, JD, will present:
Model contract language to achieve greater transparency and performance from PBMs to lower costs, and
Model legislation to establish a state purchasing pool for prescription drugs to leverage buying power and negotiate lower drug costs for pool participants.
Join this discussion to learn about NASHP’s new models and hear reactions from state officials. This webinar is for state officials only and will not be recorded.
Trish Riley, NASHP Executive Director
Erin Fuse Brown, MPH, JD, Associate Professor of Law, Georgia State University Center for Law Health and Society
Josh Wojcik, Assistant Comptroller, Connecticut Office of the State Comptroller
Renee Walk, MPH, Strategic Policy Advisor at the Wisconsin Department of Employee Trust Funds