Vote Smart's Synopsis:

Vote to pass a bill that promotes access and affordability of prescription drugs in Massachusetts.

Highlights:

• Specifies that a pharmacy benefit manager license is only valid for a period of 3 years before it must be renewed (Sec. 36).

• Prohibits “spread pricing,” where the contracted price for prescription drugs differs from the amount the pharmacy benefit manager pays the pharmacy (Sec. 36).

• Requires coverage for an identified generic drug for diabetes, asthma, and the prevalent health condition to have no cost-sharing (Sec. 27).

• Prohibits the cost of copay for identified brand name drugs from exceeding $25 (Sec. 27).

Full Bill Text