LD 1816 – Maine

Status: In Process
Year Introduced: 2023
Link: https://legislature.maine.gov/bills/getPDF.asp?paper=HP1162&item=1&snum=131

This bill requires that a state entity, health plan or participating plan qualified under the federal Employee Retirement Income Security Act of 1974 may not purchase prescription drugs to be dispensed or delivered to a consumer of this State at a cost that exceeds the maximum fair price. The maximum fair price of a prescription drug is the maximum rate for a drug determined by the Secretary of the United States Department of Health and Human Services under the federal Medicare program. Any savings generated as a result must be used to reduce costs to consumers.

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