Bill

Bill > S786


MA S786

To bring down the cost of prescription drugs


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
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)

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