FOR IMMEDIATE RELEASE July 1, 2020 CONCORD, NEW HAMPSHIRE – Yesterday, the New Hampshire House approved HB 1280, legislation which will help bring down the cost of prescription medicines to the state by creating a competitive marketplace for pricing of prescription drug offered by pharmacy benefit managers (PBMs). The measure received strong support from Democrats and Republicans in both chambers of the New Hampshire legislature. The PBM Accountability Project of New Hampshire, a coalition of Granite State labor, business, patient groups, health care providers, and municipalities, released the following statement: "We commend our New Hampshire Legislators for taking this critical step to reducing the cost of prescription drugs in our state. HB 1280 will lower the cost of medicines at the pharmacy counter and save Granite State taxpayers up to $22 million annually by creating a fairer and more competitive prescription drug marketplace. The legislation that was enacted by our state legislature and now heads to Governor Sununu’s desk for signature, is truly a win-win for all. Now more than ever, New Hampshire needs such savings, and no Granite Stater should ever pay more than is absolutely necessary for needed medications.”
To learn more about the PBM Accountability Project of New Hampshire, visit pbmaccountabilitynh.org.
The PBM Accountability Project of New Hampshire
The PBM Accountability Project of New Hampshire comprises a broad coalition of leaders and stakeholders across New Hampshire, including, Asthma and Allergy Foundation of America - New England Chapter, AIDS Response Seacoast, Breathe New Hampshire, American Federation of Teachers – New Hampshire, Bricklayers and Allied Craftsmen Local 3, New England Hemophilia Association, New Hampshire Coalition for Occupational Safety and Health, New Hampshire Independent Pharmacists, New Hampshire Troopers Association, Lupus Foundation New England, New Hampshire AFL-CIO, Iron Workers Local 7, IBEW Local 2320, and SEA/SEIU Local 1984. The PBM Accountability Project of New Hampshire receives support, insights, and guidance from the following national partners: National Consumers League, National Alliance for State Pharmacy Associations, National Community Pharmacists Association, National Diabetes Volunteer Leadership Council, HMC HealthWorks, United Food and Commercial Workers, International Union of Bricklayers and Allied Craftworkers, and America’s Agenda. Our mission is to restore prescription drug savings for New Hampshire patients and purchasers and assure affordability for patients, working families, business and employee groups, taxpayers, our State government, and communities across New Hampshire.