By: Amy Beth Hanson
Montana lawmakers did not have enough support to override four vetoes by Democratic Gov. Steve Bullock, including a strongly supported bill that sought to give health insurers the ability to regulate pharmacy benefit managers…
Bullock vetoed a bill proposed by Republican State Auditor Matt Rosendale that sought to lower prescription drug prices by requiring pharmacy benefit managers to pass drug manufacturer rebates back to insurers who sell policies through the Affordable Care Act marketplace.
Rosendale’s office estimated the legislation would save $8 million a year for residents who purchase their health insurance on the exchange…
In total, lawmakers voted 108-40 in favor of Rosendale’s bill during the session, but the override effort fell short by five votes in each chamber.
Rosendale sent a tweet Friday morning thanking lawmakers who supported his bill but said Bullock “has successfully denied Montanans lower drug prices. I will keep fighting to lower drug costs.”
Read more from the Associated Press