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Green Mountain Care Board outlines options to curb prescription costs, plans final report next January
Summary
The Green Mountain Care Board described a range of policy approaches — from Prescription Drug Affordability Boards to market-transparency measures and limited importation — and said a final report with recommendations is due next January.
Green Mountain Care Board Director Catherine O'Neil told a legislative panel that the board is studying a range of tools to address rising prescription drug costs and expects to issue a final report with recommendations next January.
The preliminary report submitted in January offers a landscape review of strategies other states are using, O'Neil said, and the board is now narrowing options and performing deeper analysis to determine what could be feasible for Vermont. "That final report will include recommendations. The preliminary report does not," she said.
The board is carrying out the work under Act 134, passed last year, which directs the Green Mountain Care Board to develop a methodology and framework for regulating prescription drug costs. O'Neil said the board…
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