von Briesen Health Law Blog

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October 29, 2009

New Development in Prescription Drug Pricing

Filed under: PharmacyMichelle Frazier @ 1:37 pm

Wisconsin Assembly Bill 482 has passed the Assembly Committee on Health and Healthcare Reform, moving one step closer to ending the state’s drug-price markup rule. Representative Jon Richards (D-Milwaukee) proposed Bill 482 in an effort to allow pharmacies to sell prescription drugs below cost. Although many big chain pharmacies already sell prescription drugs at steeply discounted rates, they currently are constrained under the state’s Unfair Sales Act from being “loss leaders” and selling drugs at a price below cost. Bill 482 proposes to exempt prescription drugs from the Unfair Sales Act, thereby allowing national retailers the opportunity to offer $4.00 month prescription drug plans in Wisconsin.