BISMARCK, N.D. – A federal appeals court has largely upheld a North Dakota law regulating companies that are hired to hold down prescription costs for insurers and employers. The 8th U.S. Circuit Court of Appeals reversed its earlier decision on the state law that provides oversight of pharmacy benefit managers. The law bars such things as gag rules that limit…
ST. PAUL, Minn. – Minnesota Democratic lawmakers want to create an independent board to regulate excessive prescription drug prices following a bipartisan effort last year to make insulin more affordable. Their idea went before a Minnesota House committee on Tuesday. The legislation would establish an independent board and an advisory council that would review the costs of new brand name…
WASHINGTON – With the cost of medicine rapidly rising, Democratic Minnesota Sen. Tina Smith introduces two bills to help lower the cost of drugs. One is called the Ensuring Innovation Act, which would stop companies from extending their patents by making insignificant changes to drugs by adding ingredients. The other is called the FAIR Drug Pricing Act, which would require…
