A bill to provide for a cost and affordability review of certain prescription drug products; to create the prescription drug pricing board and prescription drug affordability stakeholder council and to prescribe their powers and duties; to provide for the powers and duties of certain state governmental officers and entities; to establish upper payment limits for certain prescription drug products and provide remedies; and to provide for the promulgation of rules.
House Bills 4544-46 establish a Prescription Drug Affordability Board and Stakeholder Council in Michigan to review high-cost prescription drugs, set upper payment limits when necessary, and promote transparency and affordability in drug pricing.
Co-sponsored by Reps.
Referred to the Committee on Government Operations