26 May Lembo: Drug price gouging bill must go further
Senate Bill 445, passed unanimously on Wednesday, is dense. Among its provisions is one that would ban “gag clauses” that forbid pharmacists from sharing certain drug price information with their patients, such as when a lower-cost option might be available.
If approved by the House and signed by the governor, the law would go into effect on Jan. 1, 2018.
“I commend the state legislature for taking an important first step in delivering discounts at the pharmacy counter. It’s time to build on this success with bold and comprehensive reform,” Lembo said in a statement.
Lembo, who is the administrator for the state employee and retiree health plan, said state law should also require pharmaceutical companies to justify price increases and that there should be an enforcement system in place for when price hikes are deemed unjustified.
The article originally appeared in the Hartford Business Journal and you can read more by clicking here. Kevin Lembo is the CT State Comptroller and is exploring a run for statewide office in 2018.