Serving Southern Jefferson County in the Great State of Montana

Articles written by Troy Downing

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  • Downing Targets Skyrocketing Drug Prices

    Troy Downing, Commissioner of Securities & Insurance, Montana State Auditor|Mar 31, 2021

    As the regulatory agency for the insurance industry in Montana, we are tasked to review health insurance rates offered by commercial plans, like Blue Cross or Pacific Source. One clear and unchanging trend is that health insurance plans spend a tremendous amount of money paying for prescription drugs for enrollees. CMS, the Centers for Medicare and Medicaid Services, has projected that spending on retail prescription drugs is growing faster than any other health category and will continue to do so for the remainder of this decade. During the la...