summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to bring down the cost of prescription drugs. Health Care Financing.
AI Summary
This bill directs the Health Policy Commission to conduct a study examining the feasibility of establishing a state-run program to manufacture generic or biosimilar prescription drugs. The study aims to analyze whether such a program would increase competition, lower drug prices, and address shortages in the prescription drug market, as well as reduce healthcare costs for the state. The study will also identify the factors contributing to high drug prices, particularly for older, off-patent, or generic drugs, and assess the potential impact of a state-run drug manufacturing program on prescription drug and healthcare costs in Massachusetts. The Commission is required to submit a report with its findings and recommendations within one year, including a cost-benefit analysis and a plan for establishing such a program if deemed effective.
Committee Categories
Health and Social Services
Sponsors (3)
Last Action
Accompanied S771 (on 11/17/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/S786 |
Bill | https://malegislature.gov/Bills/192/S786.pdf |
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