Colorado prescription drug affordability advisory council - created - membership - powers and duties

(1) (a) The Colorado prescription drug affordability advisory council is created in the division to provide stakeholder input to the board regarding the affordability of prescription drugs. The advisory council is a type 2 entity, as defined in section 24-1-105. The advisory council exercises its powers and performs its duties and functions under the department of regulatory agencies and is allocated to the division of insurance. The advisory council includes fifteen members as follows:

(I) The executive director of the department of health care policy and financing or the executive director's designee; and

(II) Fourteen members appointed by the board as follows:

(A) Two members who are health-care consumers or who represent health-care consumers;

(B) One member representing a statewide health-care consumer advocacy organization;

(C) One member representing health-care consumers who are living with chronic diseases;

(D) One member representing a labor union;

(E) One member representing employers;

(F) One member representing carriers;

(G) One member representing pharmacy benefit management firms;

(H) One member representing health-care professionals with prescribing authority;

(I) One member who is employed by an organization that performs research concerning prescription drugs, including research concerning pricing information;

(J) One member representing manufacturers of brand-name drugs;

(K) One member representing manufacturers of generic drugs;

(L) One member representing pharmacists; and

(M) One member representing wholesalers.