State Senate bill aims to lower prescription drug costs

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By: Larisa Casillas 

Montana’s 2019 state legislative session is set to start next week in Helena. A bill up for debate aims to lower prescription drug prices for Montanans.

According to the state auditor’s office, prescription drugs right now make up 20 to 30 percent of Montana’s insurance costs and are the fastest growing cost in health insurance plans.

Similar reforms contained in Senate Bill 71 were made to the state health plan, which officials say have saved state employees $7.4 million in prescription drug costs.

“We’re talking about millions of dollars in savings,” said Kyle Schmauch, communications director for the state auditor’s office.

The bill is part of a larger ongoing effort called the Drug Savings Initiative.

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