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State Drug Cost/Price Transparency Legislation

 
• By Ed Silverman

A look at recent state legislation designed to require prescription drug cost and price transparency from prescription drug manufacturers. Data from the National Conference of State Legislatures.

Summary: Would have required state agencies to pay no more for prescription drugs than the US Department of Veteran Affairs, which receives a federally mandated 24 percent discount from manufacturers. In theory, the measure would have lowered drug costs for up to 7 million residents of California who get insurance coverage for their medicines through various state agencies, including low-income residents on Medi-Cal, the state version of Medicaid.

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In Partnership with Cerba Research

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