Michigan’s Prescription Drug Task Force has released their report and recommendations. The bipartisan committee was formed in 2020.
The Task Force’s recommendations include requiring transparency reports from drug manufacturers, Pharmacy Benefit Managers (PBMs), and hospitals; requiring state licensure for Pharmacy Benefit Managers; holding accountable those profiting from skyrocketing prices; and helping to make necessary medications affordable for all Michigan families. Prices of many common, yet critical medications have doubled in price over the last six years, according to MDHHS.
The report focused on four areas: transparency, affordability, accountability, and accessibility. The legislature is now tasked with addressing policy solutions to these identified problems.
Melissa Seifert with AARP’s Government Affairs said, “Studies show one of three Michiganders do not take all the medications they need because they can’t afford it. We can have the best drugs in the world but they won’t help people if they are priced out of reach.”
A link to the full report:
Prescription Drug Task Force Report
Reporting for WGRT – Jennie McClelland
