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MA H1053

MA H1053
Establishing a commission to study the promotion of preferred pharmacy networks


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to establishing a commission (including members of the General Court) to study the promotion of preferred pharmacy networks where insurers can negotiate lower drug prices. Financial Services.

AI Summary

This bill establishes a commission to study the implementation of preferred pharmacy networks, where health insurers can steer consumers to lower-cost "preferred" pharmacies where insurers can negotiate lower drug prices. The commission will consist of members from the state legislature, as well as representatives from the Health Policy Commission, the Department of Public Health, and the Center for Health Information and Analysis. The commission will study the feasibility and cost-benefit analysis of implementing such networks, and provide estimates of projected savings in prescription drug costs. The commission is required to submit its report and findings, along with any recommendations and drafted legislation, to the relevant legislative committees within 12 months of the passage of this act.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Accompanied a study order, see H4691 (on 05/30/2024)

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/H1053
BillText https://malegislature.gov/Bills/193/H1053.pdf
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