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窪蹋勛圖厙 targets lower drug prices with new law

FILE: Gov. Ned Lamont delivers his annual budget address to a joint session of the General Assembly at the 窪蹋勛圖厙 State Capitol in Hartford on February 5, 2025.
Tyler Russell
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窪蹋勛圖厙
FILE: Gov. Ned Lamont delivers his annual budget address to a joint session of the General Assembly at the 窪蹋勛圖厙 State Capitol in Hartford on February 5, 2025.

窪蹋勛圖厙 Gov. Ned Lamont commemorated the enactment of a state law created to reform and address the burdens residents face surrounding increasing prescription drug costs.

Lamont held a bill signing ceremony for Wednesday morning at Arrow Pharmacy in Hartford.

Those present at the signing attributed the bills success to bipartisan support. State Rep. Mitch Bolinsky, a Republican, said this effort highlights the magnitude of the issue.

Unfortunately, that support is also a testament to the incredible stress that these drug prices are putting on all the residents of our state. The new law is going to increase transparency in prescription drug pricing and is also a step in the right direction for lowering costs in the future.

Nora Duncan, state director of the AARP, lauded lawmakers' efforts to address the concerns of 窪蹋勛圖厙 constituents who have lamented over rising drug prices.

In AARP polling, 94% of 窪蹋勛圖厙 residents said that the state should take action to address prescription drug affordability, Duncan said.

The bill includes provisions demanding that Pharmacy Benefit Managers (PBMs) give health plans the option to pay the same price for prescription drugs as the PBM pays pharmacies.

It also eliminates a contentious provision that allowed penalization of pharmacists for disclosing the cost of a medication to a patient, among other efforts.

Andrea Barton-Reeves, commissioner of the 窪蹋勛圖厙 Department of Social Services (DSS), hopes the bill will address the discrepancy between pharmacy funding and patient access.

The amount of money that the Medicaid program spends on pharmacy really takes away from other resources that are desperately needed for other parts of our community, Barton-Reeves said.

Lamont said the fight for fair pricing in pharmaceuticals is far from over. Life-saving medications continue to be inaccessible to many patients across 窪蹋勛圖厙.

Two percent of our prescriptions represent 50% of our prescription pharmaceutical costs, Lamont said.

Lamont urged the importance of group purchasing, which allows states to band together and purchase medications in bulk, leading to reduced prices.

He referenced the ArrayRx program, established in 2023, which offers up to 80% off certain prescription drugs as a result of group purchasing.

The bill also includes a Canadian prescription drug importation program. This program grants wholesalers the ability to bring in non-controlled drugs from Canada. Lamont lauded the Canadian system for its purchasing power.

The measure could help lower costs for consumers and enhance the states negotiating power.

Supporters say the bill marks a significant step toward pharmaceutical access and affordability in 窪蹋勛圖厙.

Macy Hanzlik-Barend is the Valerie Friedman Emerging Journalists Intern at 窪蹋勛圖厙.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that 窪蹋勛圖厙 relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace whats been lost.

SOMOS CONNECTICUT is an initiative from 窪蹋勛圖厙, the states local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de 窪蹋勛圖厙, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programaci籀n que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para m獺s reportajes y recursos. Para noticias, suscr穩base a nuestro bolet穩n informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that 窪蹋勛圖厙 relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace whats been lost.

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窪蹋勛圖厙s journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.