Bill Asks For Transparency In Prescription Drug Prices

csimt Uncategorized

By: Shaylee Ragar

As the cost of prescription drugs continues to rise, one bill moving through the Montana Legislature would require pharmaceutical manufacturers to provide information on why the price of a drug has increased.

Rep. Katie Sullivan, D-Missoula, is carrying House Bill 710. She says she has a personal motivation because her husband has a chronic pain condition that requires prescription drugs costing up to $9,000 a month…

Representatives from the Montana Medical Association, Blue Cross Blue Shield of Montana, PacificSource Health Plans, AARP and the Office of the Montana State Auditor spoke in support of the bill in a Wednesday hearing in the House Business and Labor Committee…

This isn’t the only bill aiming to regulate prescription costs. Senate Bill 71, carried by Sen. Al Olszewski, R-Kalispell, would regulate pharmacy benefit managers who broker deals between insurers, manufacturers and pharmacies.

That bill has cleared the Senate and its first House committee vote.

Read more at Montana Public Radio