CSI TO GIVE PHARMACEUTICAL INDUSTRY PRESENTATION TO LEGISLATORS

csimt 2019, Legislature, Press Release

THURSDAY’S LUNCH INFORMATIONAL SESSION IS OPEN TO PRESS AND THE PUBLIC

HELENA, Mont. – The State Auditor’s office will host an informational session about America’s pharmaceutical industry this Thursday, January 17, at the State Capitol.

The presentation will help legislators better understand a complex industry and what Montana can do to lower prescription drug costs. The meeting is open to the public and everyone who is interested in learning more is invited to attend.

State Auditor staff will give the presentation in Room 303 of the State Capitol at 12:00pm on Thursday, January 17, 2019.

State Auditor Matt Rosendale launched his Drug Savings Initiative last year to combat the rapidly increasing costs of prescription medications. Thursday’s presentation will help attendees better understand the complex process involved in the pharmaceutical industry supply chain and how money is shuffled among various entities.

Thursday’s educational event comes ahead of Senate Bill 71 being heard in committee on February 1st. State Senator Dr. Al Olszewski, R-Kalispell, is sponsoring the made-in-Montana legislation drafted by Rosendale’s office to reduce the cost of medication for Montanans. Rosendale’s office estimates the bill will save consumers in the individual health insurance market about $8 million per year.

 

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