Mass. Senate approves prescription drug pricing bill

Mass Live

The State Senate just passed legislation that caps out-of-pocket spending on some prescription drugs used to treat diabetes, asthma, and chronic heart conditions. For each of these conditions, insurers must select one name-brand drug and one generic drug. The bill requires insurers to eliminate deductibles and cost-sharing requirements for the generic drugs and cap co-payments at $25 for the brand-name drugs. Kudos to Sen. Friedman for leading on the issue.

Read More