Gov. Gretchen Whitmer has announced that the Prescription Drug Task Force she proposed during her 2020 State of the State address has released its report and recommendations.
Housed within the Michigan Department of Health and Human Services, the task force worked with bipartisan members of the legislature to recommend legislation to require transparency, hold accountable those profiting from skyrocketing prices and help make necessary medications affordable for all families.
The panel recommended the following specific policies among others:
• Require transparency reports from drug manufacturers, Pharmacy Benefit Managers (PBMs), and hospitals
• Require state licensure for Pharmacy Benefit Managers
• Hold accountable those profiting from skyrocketing prices
• Help make necessary medications affordable for all Michigan families
Over the past six years, the average price of drugs prescribed to treat diabetes, heart disease, depression and other common conditions has more than doubled.
To address these issues among others, the governor called for creation of the task force to develop policy solutions to lower prescription drug costs and create more transparency surrounding prescription drug pricing.
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