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Bill > H3877


MA H3877

MA H3877
Relative to capping the price of life saving prescription drugs


summary

Introduced
06/13/2019
In Committee
06/13/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the cost of certain life saving prescription drugs, so-called. Financial Services.

AI Summary

This bill aims to cap the price of life-saving prescription drugs. It requires the Massachusetts Health Policy Commission to establish a maximum cost-sharing amount for each life-saving prescription drug. The bill then prohibits various state-regulated health plans, including the Group Insurance Commission, MassHealth, and private insurers, from requiring enrollees to pay more than the maximum cost-sharing amount for these critical medications. The goal is to make essential drugs more affordable and accessible for patients who need them to save their lives.

Committee Categories

Business and Industry

Sponsors (19)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

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