Colorado considers drug pricing review board
by jerry on May 30, 2021
Kaiser Health News reported on Colorado's efforts to rein in drug prices. In addition to wanting to import drugs from Canada, the state legislature is considering a "prescription drug affordability board." Apparently, the board would be permitted to set price limits for up to twelve drugs annually, but could recommend other courses of actions.
While the legislation has not yet been signed into law, the pharmaceutical industry has opposed it. It seems a little unclear to me whether such a law would pass constitutional challenges, but that this legislation has the backing that it has suggests that the public is wary of high drug prices and is willing to consider legislative and regulatory actions.