Governor Maura Healey has taken a significant step towards improving healthcare access and affordability in Massachusetts by signing two landmark bills aimed at regulating pharmacy benefit managers (PBMs) and enhancing health equity. This move positions Massachusetts as a leader in the nation, addressing the rising costs of prescription medications that have burdened residents for too long.
During the signing ceremony, Governor Healey emphasized the urgent need to rein in the profits of PBMs, which have contributed to escalating drug prices. "No resident should be forced to choose between prescription medication and putting food on the table or a roof over their head," she stated, highlighting the ongoing struggles faced by many, particularly seniors. The new legislation aims to provide essential protections for patients and communities, ensuring that such difficult choices become a thing of the past.
The bills are expected to have a direct impact on thousands of residents. For instance, the PACT Act includes provisions that will benefit individuals with chronic conditions like diabetes, heart disease, and asthma. It mandates that at least one generic drug will be available at no cost and one name-brand drug at a capped price of $25. This change is anticipated to assist over 100,000 people in Massachusetts who currently struggle to afford necessary medications.
Amy Rosenthal, executive director of Health Care For All, expressed gratitude for the collaborative efforts that led to the passage of these bills. She acknowledged the dedication of legislative leaders who worked tirelessly to ensure that healthcare remains affordable and equitable for all residents. The new laws also enhance transparency in drug pricing and empower the state's health policy commission to scrutinize the impact of high-cost drugs.
As Massachusetts moves forward with these critical healthcare reforms, the community can expect to see positive changes that prioritize the health and well-being of its residents. Governor Healey's commitment to addressing healthcare disparities signals a hopeful new chapter for many families across the Commonwealth, reinforcing the state's role as a pioneer in healthcare reform.