Minnesota Senate, House Pass Bill Aimed At Drug Prices

Minnesota Senate, House Pass Bill Aimed At Drug Prices

ST. PAUL, Minn. (AP) — The Minnesota Senate and House have approved the final version of a bill for greater oversight over pharmacy benefit managers — the middlemen between insurers and patients that are supposed hold down drug expenses.

The Senate passed it unanimously Thursday, 67-0. The House then passed it 130-2 and sent it to Gov. Tim Walz for his signature.

The chief Senate sponsor, Chaska Republican Scott Jensen, says the bill will shine a needed light on the operations of pharmacy benefit managers in hopes of ensuring that rebates paid by drug manufacturers actually result in lower costs for consumers.

Jensen is a physician, as is the chief House sponsor, Rep. Alice Mann. The Lakeville Democrat says too many people are struggling to pay for their medications, and it shouldn’t be that way.

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Published at Thu, 16 May 2019 19:03:59 +0000