What HB 740 Could Mean for You...
1. Are you on a fixed income or budget?
If you’re on a fixed income, even a small increase in your monthly insurance premium or prescription copay can make a difference. The experts have repeated - HB 740 will drive up the costs.
2. You may lose the option to save money through mail-order prescriptions.
Many retirees rely on mail-order to get 90-day supplies delivered to their door. HB 740 would prevent your plan from making mail-order the preferred, lower-cost option — even if it’s what you already use and like.
3. Your health plan would have to pay more — and pass those costs on to you.
The bill requires insurers to pay pharmacies a fixed, higher dispensing fee — even when they already have better rates in place. That means fewer savings to pass on to you.
4. It could lead to higher state taxes.
According to a fiscal note, prepared for the bill, The State Employee Health Plan will increase by million. That could mean higher taxes or less money for other public services you rely on — like senior programs, transportation, or rural health. Look Here!
5. It doesn’t guarantee better pharmacy access.
While the bill is supposed to help independent pharmacies, it doesn’t address the root causes of why some are closing. Instead, it shifts costs without solving the problem.
✅ There’s a better, more responsible way to help pharmacies stay in business without raising the price of prescription drugs.