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Senate advances bill directing Green Mountain Care Board to explore prescription drug price limits

Vermont Senate · March 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

S98 would direct the Green Mountain Care Board to develop a framework to regulate prescription drug prices for Vermont consumers, create two positions at the Board and appropriate $495,000 from the Evidence Based Education and Advertising Fund for staff and experts; the Senate amended the committee report and ordered the bill to third reading.

The Senate took up S98 on second reading and adopted amendments from the Appropriations Committee before ordering a third reading. The bill tasks the Green Mountain Care Board with exploring methods to regulate prescription drug costs for Vermont consumers and directs consultations with technical advisory groups and other state agencies.

Senator from Chittenden Southeast, the bill's reporter, framed the measure as the next step in Vermont's long‑running effort to reduce prescription drug costs, citing prior laws on importation and…

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