Statement on Minnesota House passing drug price transparency legislation
ST. PAUL, Minn., May 9, 2020 — Lucas Nesse, president and CEO of the Minnesota Council of Health Plans, issues statement on Minnesota House Passing Drug Price Transparency Legislation
“Minnesota’s nonprofit health plans are proud to have played a key role in advancing this bipartisan legislation. Prescription drugs are a major driver of premiums and now account for nearly a quarter of health care expenses – even exceeding in-patient hospitalization costs. Greater transparency of these expenses will help advance affordable drug pricing for all Minnesotans and lead to useful data to better inform policymakers.”
Established in 1985, the Minnesota Council of Health Plans is an association of licensed nonprofit health plans that includes: Blue Cross and Blue Shield of Minnesota, HealthPartners, Hennepin Health, Medica, Sanford Health Plan and UCare.