Gov. Baker looking to cut prescription drug costs, make them more affordable

Massachusetts

Governor Charlie Baker is talking about healthcare reform.  

Governor Baker is speaking out about the passage of a comprehensive healthcare bill for Massachusetts residents. 

On Thursday, Baker hinted that the state budget could address some of the state’s healthcare issues when it’s filed in January. 

The governor wants to cut costs for prescription drugs to make them more accessible and affordable. 

MassHealth currently accounts for 40 percent of the state budget, and more than $600 million is spent on prescription drug costs. 

The Baker Administration looked into limiting drugs covered through MassHealth last year, but he ran into strong opposition from the pharmaceutical industry.

Drug pricing has also been a topic of conversation at the state and federal levels. President Trump also wants to make prescription drugs more affordable.

If Medicare or Medicaid impose restrictions on drug companies, it could boost out-of-pocket expenses for people with private plans. 

On average, U.S. customers pay 44 percent more for prescription drugs than in other countries; something state lawmakers hope to address for Massachusetts residents in the next legislative session. 

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