States flex new powers to cut costs for a broad swath of prescription drugs

As Medicare’s years-long drug-price negotiation process is being hotly debated and litigated, some states are plowing ahead with wide-ranging efforts to bring down costs for a potentially much broader set of prescription drugs. 

Medicare this week announced that the first 10 drugs have been selected for negotiation of prices to take effect in 2026, advancing a process that is already the subject of at least eight lawsuits filed by drugmakers and industry groups. But weeks earlier, Colorado beat Medicare to the punch, unveiling…

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