Maryland Takes Step Toward Capping Drug Prices

Maryland is poised to become the first state to create a panel to review expensive prescription drugs and cap what public agencies will pay for them.

The legislation, which cleared the state legislature in the waning moments of its session earlier this month, would be the first of its kind to allow prices for certain drugs to potentially be capped. The effort already has encouraged other states to take action, and lawmakers in Nevada, Maine and Massachusetts are considering legislation to create similar boards. The bill’s…