Legislation was introduced creating a Prescription Drug Affordability Board in Michigan (PDAB). The three-bill package was introduced by Senator Darrin Camilleri (D-Trenton), Senator Kristen McDonald Rivet (D-Bay City), and Senator Veronica Klinefelt (D-Eastpointe).
Key Points:
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- PDAB would research, review, and establish upper payment limits on the most expensive prescription drugs.
- The limit would apply to all purchases and payments for that specific drug intended for sale in Michigan.
- Nonpartisan leaders in economics, health care, the supply chain, and academics with no personal or financial stake in the pharmaceutical industry would be appointed to the board.
- Six states have established a PDAB and additional states are in the process of creating a board.
Next Step:
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- The legislation was referred to the Senate Finance, Insurance, and Consumer Protection Committee for consideration.
