Rising prescription drug costs have placed an increased burden on state budgets, spurring many policymakers to pursue solutions to lower drug spending for patients, payers, and state programs.
In response, The Pew Charitable Trusts’ drug spending research initiative has developed several policy proposals that could inform these efforts:
- How Correctional Facilities Could Lower Drug Prices
- Use of State Medicaid Inflation Rates Could Discourage Drug Price Increases
- A Tax on Drug Price Increases Can Offset Costs
- Better Data May Help Reduce Drug Spending