![]() “Being one state and then having other states and public attention on the dramatic, seemingly unjustified increases, I think the attention it brought helped some of those get pulled back,” she said. It requires drug manufacturers to report various data including justifications for price increases. Anne Donahue, a Republican who was vice chair of a legislative health care committee when that state’s law was passed. Supporters of state transparency laws say they’re the first step in identifying why drug costs are increasing and that knowing about increases beforehand can help big purchasers negotiate.Ī chorus of policymakers saying “you can’t do that” helps curb price hikes, said Vermont state Rep. Nevada and California have fined companies to track down late or missing information. New York, as of January, said it had negotiated 30 rebates with drug companies, saving more than $85 million. To be sure, several states say their laws have gotten results. “Price increases are baked into their business model,” he said, and “public pressure alone isn’t forcing their business model to change.” “The federal government is moving as fast as it can on these pieces but drug prices are continuing to rise, even with more pressure” from the public, said Justin Mendoza, who works with the nonprofit Families USA to develop state campaigns to lower health care costs. The companies’ actions come amid congressional gridlock over controlling prices and the drug industry’s fight over the Trump administration’s efforts to force them to disclose list prices in TV ads. ![]() ![]() But many companies are complying only partly or not at all, saying the information is confidential under federal law, and some of the laws have few or no enforcement powers, Bloomberg Law found. State laws aimed at forcing the pharmaceutical industry to account for rising prescription-drug costs have done little to dampen price increases, in part because the companies skirt robust disclosure with relative impunity.Īt least 11 states have laws requiring manufacturers to provide data on drugs’ costs, warnings before some prices increase, and justifications for changes. ![]()
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