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Texas Moves to Bring Clarity to Drug Pricing | Public News Service

Will more transparency about drug pricing help drive down costs for Texas consumers, or add expenses for the drug companies that have to comply? (Gang/Adobe Stock)

AUSTIN, Texas – Texas lawmakers are showing overwhelming support so far for legislation that AARP says would be one of the strongest drug-price transparency measures in the country.

House Bill 2536 is in the hands of a Senate committee after passing the House without opposition. It calls for drug manufacturers, pharmacy benefit managers and health benefit plans to provide certain drug-cost information to be shared on a public, state website.

Blake Hutson, associate state director of AARP Texas, said the state would have to be notified if the wholesale price of a drug increased more than 10% in a year, or more than 40% over five years.

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Texas Moves to Bring Clarity to Drug Pricing / Public News Service.

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