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Tag: Prescription Drugs

Daines Votes for Major Prescription Drug Pricing Reform to Lower Costs for Montanans, Save Taxpayers Billions

July 25, 2019

U.S. SENATE – U.S. Senator Steve Daines today voted to advance the bipartisan Prescription Drug Pricing Reduction Act of 2019 (PDPRA) out of the U.S. Senate Finance Committee. This major bipartisan prescription drug pricing reform package will help reduce out-of-pocket costs and lower prescription drug costs for Montanans. The package also saves Montanans and taxpayers over $100 billion.  “From Great Falls to Miles City to Libby, Montanans are paying far too much for the medicine they need,” Daines said. “As Montana’s lone voice on the U.S. Senate Finance committee, I have made it one of my top priorities to lower prescription drug costs for Montanans.

Daines Introduces Bipartisan Bill to Increase Transparency, Accountability in Drug Pricing

April 29, 2019

U.S. SENATE – U.S. Senator Steve Daines today introduced a bipartisan bill to shed light on the drug pricing process and the middlemen responsible for negotiating prescription drug costs.  “Montanans can’t afford to keep paying the outrageous costs of prescription drugs,”Daines said. “Transparency and accountability in drug pricing is long overdue. That’s why I’m introducing this bill to protect Montanans and ensure those responsible for negotiating drug prices are focused on driving costs down, not lining the pockets of their own industry.”  The bipartisan bill, the Prescription Pricing for the People Act of 2019, helps shed light on the pharmacy benefit manager (PBM) industry

Daines Fights for Increased Transparency, Lower Prescription Drug Costs for Montanans

April 9, 2019

U.S. SENATE – U.S. Senator Steve Daines today in a U.S. Senate Finance Committee hearing grilled Pharmacy Benefit Manager executives (PBMs) on the need to increase transparency and lower prescription drug costs for Montanans. PBMs, which serve as the middle men between insurance companies and patients, are responsible for negotiating drug costs for patients. Daines slammed their current practices as failing Montanans. Click HERE to download Currently, there is a bill moving through the Montana legislature shedding light on PBMs pricing practices. Several of the PBM executives on the panel today oppose the bill. Daines pressed the executives, “Why are you fighting