Enact Prescription Relief, Inflation Cost Elimination (PRICE) Act

Summary

The PRICE Act establishes a Prescription Drug Affordability Board within the Department of Insurance, staffed by nine governor‑appointed members without drug‑industry conflicts. The board will set upper payment limits for certain prescription drugs, while a 23‑member stakeholder council provides input. The measure also repeals the existing Prescription Drug Transparency and Affordability Advisory Council.

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