AN ACT relating to prescription drugs; establishing the Prescription Drug Affordability Board and the Prescription Drug Affordability Stakeholder Council; imposing certain requirements to prevent conflicts of interest involving a member of the Board; authorizing the Board to employ certain persons; authorizing the Board to review the prices of certain prescription drugs; providing for the confidentiality of certain information obtained by the Board; authorizing the Board to prescribe an upper payment limit for the purchase by a governmental entity of a prescription drug that meets certain requirements after such a review; authorizing written appeals to the Board; requiring the Board to submit an annual report to the Legislature; revising provisions concerning coverage of prescription drugs under Medicaid and the Children’s Health Insurance Program; authorizing certain public and nonprofit insurers to use the preferred prescription drug list for Medicaid as their formulary; and providing other matters properly relating thereto.