Prescription Drug Affordability Board - Authority and Stakeholder Council Membership (Lowering Prescription Drug Costs for All Marylanders Now Act)
What this bill does
Altering the membership of the Prescription Drug Affordability Stakeholder Council; requiring the Prescription Drug Affordability Board, under certain circumstances, to establish a process for setting upper payment limits for purchases and payor reimbursements of prescription drug products that the Board determines have led or will lead to affordability challenges; authorizing the Board to reconsider an upper payment limit for a drug that becomes a current shortage; and altering requirements related to the setting of upper payment limits.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
