Creating an external reference pricing pilot program for prescription drugs.

Summary

The bill lets the West Virginia Department of Human Services start a three‑year pilot that uses the lowest prices of comparable drugs in other industrialized countries to set maximum Medicaid reimbursement rates for a select group of high‑cost medicines. It aims to lower Medicaid spending while keeping needed drugs available to patients. Private insurers and existing contracts outside Medicaid are not affected.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share