A WIN for Indiana Patients: Share the Savings Legislation is now law.
Indiana has joined West Virginia and Arkansas in delivering an important win for Hoosiers who are struggling to afford their medicines. Governor Eric Holcomb signed into law Senate Bill 8, which will ensure that Indiana patients aren’t paying more for their medicines than their health insurance company or the middlemen known as pharmacy benefit managers (PBMs).
Patients & small employers share the costs for their medicines.
They should share the savings, too.
The Problem:
Patients and small employers are paying too much money for their prescription medicines, which are being pocketed by PBMs and insurers.
The Solution:
Urge the Indiana State Legislature to pass Senate Bill 8 to provide immediate savings for patients’ prescription drug costs and better transparency for employers.
You can Be Part of the solution
Contact your legislator to urge them to support Share the Savings.
How have high drug prices affect you and your family?
Sign the petition to urge indiana legislators to share the savings
“Share the Savings” helps hoosiers save money on prescription drugs.
Many patients with commercial health insurance are required to share in the cost of their prescription medicines. The cost to patients and small employers is often much higher than the cost to their insurance company - for the same medicine on the same prescription. That’s because health insurance companies and pharmacy benefit managers (PBMs) negotiate significant rebates on the cost of medicine and do not share these savings with patients.
Share the Savings would require insurers and PBMs to share the savings they enjoy from pharmaceutical companies but do not currently pass on to Hoosier consumers.
Share your story and urge the Indiana State Legislature to SHARE THE SAVINGS!
In the News
Senate Republicans celebrate passage of 2023 agenda - April 28, 2023, Indiana Senate Republicans Press Release
Senate Bill 8 Heard in the House Insurance Committee - March 22, 2023, Share the Savings Press Release
Share the Savings Bill Heads to Indiana House - Feb. 23, 2023, Share the Savings Press Release
Senate Republicans lay out 2023 agenda focused on fiscal responsibility, health care, public safety and more - Jan. 9, 2023, Indiana Senate Republicans Press Release
Diabetes Patient Advocacy Coalition (DPAC) Spearheads Patient Pocket Protector Coalition to Lower Drug Costs and Advocate for PBM Reform - Dec. 21, 2022, DPAC Press Release
Health care prices have a long way to go for transparency - Nov. 29, 2022, Indiana Capital Chronicle
Patient First Policy for Indiana - Patient Pocket Protector
Editorial: Pharmacy middlemen merit tougher regulations, scrutiny - July 8, 2022, Indianapolis Business Journal
Arcane world of pharmacy benefit managers slowly unraveling - July 1, 2022, Indianapolis Business Journal
