Evers, Democrats introduce package to reduce prescription drug costs
Gov. Tony Evers introduced a plan Wednesday to lower prescription drug costs, drawing from proposals removed from Evers' budget by Republican lawmakers earlier this year.
The "Less for Rx" package is designed to reduce prescription drug prices while increasing transparency and affordability, according to the governor's office.
"Everyone should be able to afford their medication but for far too many Wisconsinites their prescription medications remain out of reach with outrageous, irrational and burdensome out-of-pocket expenses," Evers said in a statement. "It's time for bold solutions and comprehensive reform that increases transparency and accountability, reduces out-of-pocket expenses and tackles this issue head on."
Included in the package are bills to create a Prescription Drug Affordability Review Board to establish target prices for public-sector entities and set price limits, allow the state to save money by importing prescription drugs, develop a program allowing state and local collaboration to leverage purchasing power, create a tool to help prescribers take out-of-pocket costs into consideration when comparing medically similar drugs and create an Office of Prescription Drug Affordability.
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