California Proposition 61, Drug Price Standards

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Proposition 61: State Prescription Drug Purchases. Pricing Standards. Initiative Statute.

Proposition 61 Ballot Summary:

  • Prohibits state agencies from buying any prescription drug from a drug manufacturer at any price over the lowest price paid for the same drug by the United States Department of Veterans Affairs, except as may be required by federal law.
  • Applies to any program where the state agency is the ultimate payer for a prescription drug, even if the state agency does not itself buy the drug.
  • Exempts purchases of prescription drugs under managed care programs funded through Medi-Cal.

A “Yes” vote means: 

A “yes” vote supports regulating drug prices by requiring state agencies to pay the same prices that the U.S. Department of Veterans Affairs (VA) pays for prescription drugs.

A “No” vote means: 

A “no” vote opposes this measure regulating drug prices by requiring state agencies to pay the same prices that the VA pays for prescription drugs.

Read the full text of California Proposition 61 here.

Source: Ballotpedia

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