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Wednesday, Nov 9 2016

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Drugmakers Poised To Rack Up Significant Win In California

Proposition 61, which aimed to curb high prescription drug prices, looks to have been defeated after national attention and intense lobbying efforts on both sides.

California voters on Tuesday looked to be defeating聽a drug pricing control ballot proposition, a major victory for the pharmaceutical industry in its efforts to blunt attempts to drive down high drug prices if the trend holds as the rest of the votes are counted. Proposition 61 was losing with 54聽percent of voters opposing聽it in preliminary results. The measure would have required some state health plans聽to reject drug prices that are higher聽than the discounted price the聽federal Department of Veterans Affairs pays. The change would have directly affected about 1 in 6 Californians. (Robbins, 11/9)

A California ballot initiative aimed at reining in rising prices for prescription drugs was headed for defeat on Tuesday after pharmaceutical companies spent more than $100 million to fight it.The California Drug Price Relief Act, also known as Proposition 61, sought to limit state health programs from paying more for medications than the U.S. Department of Veterans Affairs (VA), which receives the steepest discounts in the country. (Beasley, 11/9)

While only about 10 to 15 percent of California's 39 million residents would be affected by Proposition 61, supporters think passage would be a step toward broader price reductions elsewhere. Both sides recruited heavy-hitters for their causes. (Chang, 11/9)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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