|
RICHMOND, Va. — Yesterday, Pluribus News released an article about Virginia’s Affordable Medicine Act legislation that would establish a Prescription Drug Affordability Board with the immediate authority to expand federally negotiated Medicare prices for high-cost prescription drugs to hundreds of thousands of Virginians.
The article names the policy as a “first-in-the-nation” piece of legislation that has been praised by health care policy experts, saying it “could be one of the strongest tools available to states, potentially bringing transparency to a complex pricing system and giving regulators leverage over drug costs that often do not respond to traditional market forces.”
“This is a groundbreaking policy that puts Virginians first,” said Rhena Hicks, Freedom Virginia co-Executive Director. “By expanding Medicare pricing to hundreds of thousands of Virginians, we’re ensuring that real action is being taken to lower the cost of medicine. The Affordable Medicine Act will allow hardworking people to keep more of what they earn. Virginia doesn’t need more studies; we need meaningful and effective action. We look forward to seeing this ‘first-in-the-nation’ legislation signed into law.”
Last week, HB483, patroned by Delegate Karrie Delaney (D-Fairfax), passed in the House of Delegates by a bipartisan 61-33 vote. SB271, patroned by Senator Creigh Deeds (D-Charlottesville), passed in the Senate earlier this month by a bipartisan 31-8 vote.
|
