SB09-166, Pharmaceutical Ethics Act (M. Carroll – Pace)
The single largest cost driver behind the increasing cost of health care and premiums is the drug companies. Over 2/3 of the cost of drugs come from gifts, advertising and marketing (and not the actual research or manufacturing of the drug). This bill creates a pharmaceutical gift ban (except samples, education), captures annual disclosure of costs, prohibits the invasion / sales of your prescription history and establishes minimum conflict of interest protections in Colorado healthcare. The bill will increase transparency, reduce costs, protect patient privacy and increase patient safety in Colorado. Defeated. Read more here.