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Bill > S696


MA S696

MA S696
To promote transparency and cost control of pharmaceutical drug prices


summary

Introduced
01/22/2019
In Committee
07/23/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to promote transparency and cost control of pharmaceutical drug prices. Health Care Financing.

AI Summary

This bill aims to promote transparency and cost control of pharmaceutical drug prices. It requires the Massachusetts Health Policy Commission to develop a list of "critical prescription drugs" and compel drug manufacturers to report detailed information about the costs of production, research and development, marketing, and pricing. The bill also directs the Commission to analyze the impact of discounts, rebates, and other financial assistance programs on healthcare costs and utilization. The goal is to better understand drug pricing and its effect on the state's healthcare cost growth, with the potential to recommend actions to lower drug costs while maintaining access to high-quality care.

Committee Categories

Health and Social Services

Sponsors (3)

Last Action

Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session (on 07/23/2020)

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