Affordability Boards: The States’ New Fix for Drug Pricing
381 New England Journal of Medicine 1301, DOI: 10.1056/NEJMp1906010 (Oct. 3, 2019)
Posted: 9 Oct 2019
Date Written: October 3, 2019
A new Maryland law that creates a prescription-drug affordability board to help the state regulate drug prices may be a harbinger of what’s to come in drug-pricing legislation. The law permits cost reviews when drug prices or price increases exceed specified thresholds. Establishing affordability boards may be a natural next step that more states take to exert a stronger influence over price spikes and still survive legal challenges.
Keywords: prescription drug crisis, price regulation, health care regulation
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