Bill to reduce drug costs goes before Senate committee
A proposed bill that aims to substantially reduce prescription drug costs in Montana will be heard by the Senate Business and Labor Committee Friday morning.
If passed, the legislation would save Montanans an estimated 500 billion, according to Rosendale’s office.
Olszewski said “right now, Montanans are being taken advantage of in this complex system and it’s time for that change. Senate Bill 71 is an important step in the right direction to get these costs under control.”
Olszewski has been an orthopedic surgeon in Kalispell for two decades. He and Rosendale have advocated for more pricing transparency in the health-care industry.
The bill is a piece of Rosendale’s Drug Savings Initiative, which aims to “reduce the incredibly high costs of prescription drugs and reform the way the pharmaceutical industry operates in Montana.”
The hearing will take place before the Senate Business and Labor Committee at 8:30 a.m. Friday in the State Capitol in Helena.
Reporter Kianna Gardner can be reached at 758-4439 or email@example.com