{"id":5824,"date":"2022-02-24T09:48:30","date_gmt":"2022-02-24T09:48:30","guid":{"rendered":"https:\/\/senatedems.com\/brinks\/?p=5824"},"modified":"2022-12-22T21:37:46","modified_gmt":"2022-12-22T21:37:46","slug":"legislators-introduce-prescription-drug-affordability-board-to-help-reduce-prescription-costs","status":"publish","type":"post","link":"https:\/\/dev.senatedems.com\/brinks\/2022\/02\/24\/legislators-introduce-prescription-drug-affordability-board-to-help-reduce-prescription-costs\/","title":{"rendered":"Legislators Introduce Prescription Drug Affordability Board to Help Reduce Prescription Costs"},"content":{"rendered":"\n<p>LANSING, Mich. (Feb. 24, 2022) \u2014 Michigan would join a growing number of states tackling the rising costs of prescription drugs by creating a Prescription Drug Affordability Board under bicameral legislation introduced today.<\/p>\n\n\n\n<p>\u201cThe cost of prescription drugs has been rising for far too long. Establishing a Michigan Prescription Drug Affordability Board can directly reduce costs because it will act with the necessary oversight and transparency to do so,\u201d said Sen.\u00a0<strong>Winnie Brinks<\/strong>\u00a0(D-Grand Rapids). \u201cThe legislation unveiled today is a key component to helping those most at the mercy of these high prices \u2014 consumers \u2014 as well as other actors in the prescription drug supply chain who play a role in the final price we pay. Ultimately, this will rein in exorbitant prices and help get these prescription drugs to more people who need them.\u201d<\/p>\n\n\n\n<p>The bicameral legislation introduced today would:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Establish drug affordability review boards to determine certain rates, set spending targets, and limit how much residents pay for certain high-cost drugs<ul><li>Senate Bill 889 by Sen.&nbsp;<strong>Brinks<\/strong>, and House Bill 5842 by Rep.&nbsp;<strong>Darrin Camilleri<\/strong>&nbsp;(D-Trenton)<\/li><\/ul><\/li><li>Amend the Insurance Code<ul><li>Senate Bill 891 by Sen.&nbsp;<strong>Marshall Bullock<\/strong>&nbsp;(D-Detroit), and House Bill 5843 by Rep.&nbsp;<strong>David LaGrand<\/strong>&nbsp;(D-Grand Rapids)<\/li><\/ul><\/li><li>Amend the Social Welfare Act<ul><li>Senate Bill 892 by Sen.&nbsp;<strong>Mallory McMorrow<\/strong>&nbsp;(D-Royal Oak), and House Bill 5844 by Rep.&nbsp;<strong>Kevin Hertel<\/strong>&nbsp;(D-St. Clair Shores)<\/li><\/ul><\/li><li>Allow the Michigan Department of Insurance and Financial Services director to decide how much to increase the fees by, with the difference being used to cover the administrative costs of the board<ul><li>Senate Bill 890 by Sen.&nbsp;<strong>Dayna Polehanki<\/strong>&nbsp;(D-Livonia), and House Bill 5845 by Rep.&nbsp;<strong>Padma Kuppa<\/strong>&nbsp;(D-Troy)<\/li><\/ul><\/li><\/ul>\n\n\n\n<p>\u201cTo have some peace of mind when it comes to the cost of prescription drugs, regardless of whether you have insurance or not, would be of great benefit to myself and millions of other Americans,\u201d said&nbsp;<strong>Sheila Nicholas<\/strong>, an Okemos resident. \u201cOur prescriptions are necessary to our well-being. They should not be so unattainable for so many.\u201d<br \/><br \/>Maryland was the first state in the country to adopt a Prescription Drug Affordability Board. Other states \u2014 including Colorado, New Jersey, and now Michigan \u2014 are introducing legislation to establish such a board.<br \/><br \/>\u201cToo many families are dealing with what they will sacrifice in order to pay for the high cost of prescription drugs,\u201d Rep.&nbsp;<strong>Camilleri<\/strong>&nbsp;said. \u201cMichigan families shouldn\u2019t be forced to make those trade-offs. We can have affordable prescription drugs if we focus on solutions like this board.\u201d<br \/><br \/>\u201cPhysicians know the medications we prescribe will improve the health of a patient and potentially save their lives, yet cost remains a major barrier in people obtaining those needed medications,\u201d added family medicine specialist,&nbsp;<strong>Harshini Jayasuriya, M.D.<\/strong>&nbsp;\u201cPatients shouldn\u2019t have to choose between the medicines they need and paying for other bills, groceries, and rent. Michiganders need real relief and I applaud this group of lawmakers for tackling prescription drug affordability head on.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-center\">###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LANSING, Mich. (Feb. 24, 2022) \u2014 Michigan would join a growing number of states tackling the rising costs of prescription drugs by creating a Prescription Drug Affordability Board under bicameral [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-5824","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Legislators Introduce Prescription Drug Affordability Board to Help Reduce Prescription Costs - Senator Winnie Brinks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.senatedems.com\/brinks\/2022\/02\/24\/legislators-introduce-prescription-drug-affordability-board-to-help-reduce-prescription-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legislators Introduce Prescription Drug Affordability Board to Help Reduce Prescription Costs\" \/>\n<meta property=\"og:description\" content=\"LANSING, Mich. 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