Texas Pharmaceutical Initiative

Policy
May 9, 2024
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GOVERNMENT CODE CHAPTER 2177. TEXAS PHARMACEUTICAL INITIATIVE HB 4990  established the Texas Pharmaceutical Initiative to provide cost-effective access to prescription drugs and other medical supplies to individuals receiving health benefits paid for by the state through higher education institutions, the Employee Retirement System of Texas, Teacher Retirement System, correctional institutions, and individuals served by the Health and Human Services system such as Medicaid. HB 4990 as enacted establishes a board of directors and advisory council and requires the Initiative to submit a business plan to the Legislature by October 1, 2024, to document the process and resources required to establish a statewide PBM, distribution network, and pharmaceutical preparation or manufacturing. Governor Greg Abbott appointed Mike McKinney, M.D., Golinda Erowele, Pharm.D., and Tony Schell to the Texas Pharmaceutical Initiative Governing Board for terms to expire at the pleasure of the

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