SB 5020 – Washington

Status: Inactive / Dead
Year Introduced: 2021
Link: https://app.leg.wa.gov/billsummary?BillNumber=5020&Year=2021&Initiative=false

Assessing a penalty on unsupported prescription drug price increases to protect the safety, health, and economic well-being of Washington residents. Requires the Health Care Authority to assess a penalty against a drug manufacturer on revenue generated from a price increase on a prescription drug that is not supported by clinical evidence; prohibits manufacturers from withdrawing a drug from the market to avoid paying the penalty.

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