An Act to promote transparency and prevent price gouging of pharmaceutical drug prices
Massachusetts bill requiring pharmaceutical price transparency and anti-gouging protections to reduce drug costs and increase pricing accountability.
Massachusetts bill requiring pharmaceutical price transparency and anti-gouging protections to reduce drug costs and increase pricing accountability.
Bill SD 2517 proposes measures to increase transparency in pharmaceutical drug pricing and establish protections against price gouging in Massachusetts. The bill, sponsored by Senator Mark Montigny, aims to give consumers and policymakers better visibility into drug pricing practices while potentially imposing restrictions on rapid or excessive price increases for medications.
Pharmaceutical pricing has become a significant cost driver in healthcare, with patients and insurers frequently facing unexpected price spikes on essential medications. Increased transparency and anti-gouging measures could help reduce out-of-pocket costs for residents, inform policy decisions about drug affordability, and create accountability for pricing practices that may disproportionately affect vulnerable populations.
Compiled from official sources — confirm details with the bill’s official record.
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