STOP THE BIG PHARMA MONEY GRAB: REJECT HOUSE BILL 1094!
House Bill 1094 Would Hike Health Care Costs for Colorado Families, Employers and Unions by More Than $118 Million Every Year
House Bill 1094 is a Big Pharma-backed proposal that would ban pay-for-performance incentives in the private health care marketplace—eliminating a key tool that employers and unions use to lower prescription drug costs for hardworking Coloradans.
This bill is a $118 million annual giveaway to Big Pharma at the direct expense of Colorado patients, employers and unions. Instead of lowering the cost of prescription drugs, it undermines market-based savings, drives up insurance premiums and increases out-of-pocket costs for over 3.3 million Coloradans who rely on employer or union-provided health coverage.
What House Bill 1094 Would Do:
Employers and unions negotiate better deals on prescription drugs through voluntarily choosing to hire pharmacy benefit managers (PBMs), critical members of the health care system that pool their negotiating power to unlock savings for health plan sponsors, and the patients and families on these plans.
House Bill 1094 would ban pay-for-performance incentives in the private health care marketplace that are essential for Colorado employers and unions to secure significant savings on prescription drugs, directly leading to higher premium costs for patients.
This bill is not about protecting patients—it’s about protecting Big Pharma’s profits.
Tell Your Legislators:
Vote NO on House Bill 1094
Coloradans can’t afford a bill that increases health care costs while doing nothing to lower prescription drug prices. Contact your legislators today and tell them to reject House Bill 1094.