Bill plans to regulate prescription drug costs

csimt In The News

By: ABC/FOX Montana

Proponents of this new bill say it could save Montanans about $8 million in the first year by cutting out the middle man, and opponents say it could increase the final price due to spending more money on administrative fees.

Senate Bill 71 was written from scratch by the State Auditor’s Office to reduce prescription drug costs in Montana. Republican Senator Al Olszewski from Kalispell, who is sponsoring the bill, says it’s going to regulate the middle man and hold insurance companies accountable for the way they do business with other companies to provide pharmacy benefits. 

Read more at ABC/FOX Montana