summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd 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 program for the Commonwealth to direct the manufacture of generic or biosimilar prescription drugs. The study will analyze whether such a program would increase competition, lower prices, address shortages, reduce costs for public and private purchasers, taxpayers, and consumers, and increase patient access to affordable drugs. The study will examine factors that contribute to drug costs in the Commonwealth, how generic prescription drug costs affect MassHealth spending and healthcare costs, and whether a state-directed prescription drug manufacturing program would be reasonable and effective at reducing drug prices and healthcare costs in Massachusetts. The Commission will submit a report of its findings and recommendations, including a cost-benefit analysis and a plan for establishing such a program if deemed effective.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Accompanied a new draft, see S2492 (on 10/30/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S778 |
| BillText | https://malegislature.gov/Bills/193/S778.pdf |
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