STAND. COM. REP. NO.  1303

Honolulu, Hawaii

                , 2011

RE:   H.C.R. No. 69

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Health, to which was referred H.C.R. No. 69 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE AUDITOR TO CONDUCT A SUNRISE REVIEW OF THE REGULATION OF PHARMACY BENEFIT MANAGEMENT COMPANIES,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to move toward stabilizing health care costs and controlling prescription drug prices through regulation of pharmacy benefit management companies.  To this end, the Auditor is requested to conduct a sunrise review of the regulation of pharmacy benefit management companies, as proposed under H.B. No. 275., and submit a report to the Legislature at least 20 days prior to the convening of the 2012 Regular Session.

     The Department of Commerce and Consumer Affairs testified in  support of this measure.

     As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 69 and recommends that it be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Health,

____________________________

RYAN I. YAMANE, Chair