STAT+: Maryland Senate overrides governor’s veto of prescription drug affordability board
In response to the rising cost of medicines, the Maryland state Senate overrode a veto issued last year by Gov. Larry Hogan, who objected to funding a so-called ‘Prescription Drug Affordability Board.’
The board was created two years ago to establish maximum prices that the state and local governments will pay for “high-cost” medicines. More specifically, the entity is designed to function like rate-setting boards that regulate what public utilities can charge residents, a controversial notion that has riled the pharmaceutical industry, which claims the effort will usher in price controls.
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