Maryland state affordability board sets its first price cap for a medicine

Maryland state affordability board sets its first price cap for a medicine

Seeking to cap the cost of medicines, the Maryland Prescription Drug Affordability Board set an upper payment limit for a widely prescribed diabetes treatment, marking only the second time a state panel has taken such a step. The board, which is designed to function like a state utility commission, will now oversee a process to lower the cost of the type 2 diabetes medicine Jardiance for the state and local governments by January 2027. At that t…

What did Maryland cap for diabetes drug cost?

Maryland’s first medicine price cap targets a widely used diabetes treatment Maryland’s Prescription Drug Affordability Board has set an upper payment limit for a commonly prescribed diabetes medication, marking the board’s first price cap under its authority. The move is designed to limit how…