By Bruce DePuyt
Sens. Chris Van Hollen (D) and Ben Cardin (D) have crafted the Empowering States to Address Drug Costs Act, a measure intended to provide states with average manufacturer price, best price and rebate calculation data under Medicaid.
That information, the lawmakers said, will help prescription drug affordability boards as well as multi-payer purchasing pools formed to help negotiate lower prices for prescription drugs.
This year in Annapolis, lawmakers approved the nation’s first prescription drug affordability board, a panel charged with investigating the high cost of medications.Last modified: July 25, 2019