Vermont 2025-2026 Regular Session

Vermont Senate Bill S0199

Introduced
1/6/26  

Caption

An act relating to establishing the Vermont Prescription Drug Discount Card Program

Impact

The implementation of S0199 is expected to have a significant impact on state laws related to prescription drug purchasing. By enabling the State Treasurer to negotiate directly with manufacturers and establish volume discount contracts, the law will likely lead to lower prices for consumers. Furthermore, the program will require the Treasurer to report annually on its activities, including the financial benefits realized by Vermont residents. This reporting will provide transparency and accountability for the program and its effectiveness in reducing medication costs.

Summary

Bill S0199 aims to establish the Vermont Prescription Drug Discount Card Program, designed to pool the purchasing power of prescription drugs for Vermont residents. The initiative will be administered by the Office of the State Treasurer and aims to reduce drug costs and negotiate discounts through collaboration with other states and organizations. This bill signals a proactive step towards addressing the high costs of prescription medications in Vermont by centralizing the purchasing process and providing residents access to negotiated discount options.

Contention

During discussions of S0199, points of contention may arise regarding the operational details of the program, including the potential fees charged to residents who participate. While supporters may argue that the program affords necessary price reductions and greater access, opponents might express concerns about the implications of state-level drug purchasing on local pharmacies and the healthcare market dynamics. The resources allocated for startup and evaluation, as stated in the bill, highlight the commitment but also raise questions about the adequacy of funding and the management of subsequent costs.

Companion Bills

No companion bills found.

Previously Filed As

VT HB1755

relative to the 340B discounted drug purchasing program.

VT SB2099

Restore Prescription Drugs Discount Act

VT SB2370

AN ACT to provide for a legislative management study regarding prescription drug transparency reporting under the federal drug discount program.

VT SB2370

AN ACT to provide for a legislative management study regarding prescription drug transparency reporting under the federal drug discount program.

VT HB06810

An Act Requiring Transparency From Health Care Entities That Receive Prescription Drug Discounts.

VT A08136

Authorizes insurance policies which provide coverage for prescription drugs where cost-sharing obligations are determined by category of prescription drugs to offer a program to insureds that utilizes rebates or discounts to lower an insured's cost-sharing for prescription drugs if the insured's cost-sharing under such program would be more favorable than the cost-sharing that would otherwise be applicable to the prescription drug.

VT S07900

Authorizes insurance policies which provide coverage for prescription drugs where cost-sharing obligations are determined by category of prescription drugs to offer a program to insureds that utilizes rebates or discounts to lower an insured's cost-sharing for prescription drugs if the insured's cost-sharing under such program would be more favorable than the cost-sharing that would otherwise be applicable to the prescription drug.

VT HB06097

An Act Concerning Prescription Drug Discount Transparency.

VT S0886

Discounted Drug Pricing Study

VT H0573

Discounted Drug Pricing Study

Similar Bills

RI S3257

Establishes a state-run prescription drug purchasing pool, available for participation by nonstate public employers, private employers, and health insurance carriers, to maximize the value of drug discounts available to participants.

RI H8383

Establishes a state-run prescription drug purchasing pool, available for participation by nonstate public employers, private employers, and health insurance carriers, to maximize the value of drug discounts available to participants.

DC B26-0593

Lowering the Cost of Prescription Drugs Act of 2026

CA AB1460

An act to add Section 127472 to the Health and Safety Code, relating to prescription drug pricing.

CT HB05175

An Act Concerning Prescription Drug Costs.

AR HB1620

To Amend The Law Concerning Pharmacy Benefits Managers; And To Regulate Processing And Payment Of Pharmacy Claims.

NH SB665

(New Title) relative to pharmacy benefits managers, managed care laws, notice of drug pricing options and pharmacy benefit manager business practices.

TX HB1464

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