Statement on Minnesota House passing drug price transparency legislation

Lucas Nesse, president and CEO of the Minnesota Council of Health Plans, issues statement on Minnesota House Passing Drug Price Transparency Legislation

 Statement:

“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.”