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Minnesota Senate and House pass bill aimed at drug prices

Minnesota Senate and House pass bill aimed at drug prices Photo: KSTP-TV

May 16, 2019 02:28 PM

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.

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RELATED: Supporters, opponents debate prescription drug legislation at State Capitol

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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Credits

Associated Press

Copyright 2019 - KSTP-TV, LLC A Hubbard Broadcasting Company

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