Gianforte Signs Pro-Consumer Bill to Lower Prescription Drug Costs
May 19, 2021
Governor Greg Gianforte signed a pro-consumer bill to bring transparency and accountability to pharmacy benefit managers (PBM) and help reduce the costs of prescription drugs.
“A lack of transparency into PBMs’ practices has long contributed to the rising costs of prescription drugs,” Gov. Gianforte said. “By increasing oversight of the middlemen in the pharmaceutical supply chain, we’ll bring generic drugs to market faster, increase drug pricing transparency, and promote accountability. I thank Commissioner Downing for spearheading this effort, and Senator Hertz for his work to...