DENVER, CO (STL.News) Governor Polis, in partnership with bill sponsors Senators Julie Gonzalez and Sonya Jacquez Lewis, and Representatives Yadira Caraveo and Chris Kennedy, announced the introduction of legislation establishing the Prescription Drug Affordability Board.
“Prescription drugs cost too much and Coloradans are sick and tired of being ripped off. This bill is an important step toward our goal of saving people money on health care,” said Governor Jared Polis. “I want to thank the bill sponsors for their efforts to ensure that hardworking Coloradans can get the medicine they need for themselves and their families without worrying about astronomical costs.”
Too many Coloradans skip doses, stretch the length of their prescriptions, or delay filling prescriptions because they simply cannot afford them. As established in the bill, the Prescription Drug Affordability Board will convene a panel of experts to investigate prescription drug cost increases, and set guardrails on cost increases for the most expensive prescription drugs in the state.
“As prescription drug costs continue to skyrocket, people are forced to make impossible choices,” said Senator Sonya Jaquez Lewis, a pharmacist and prime sponsor of the legislation. “This proposal–this group of non-partisan experts–has the potential to save Coloradans as much as 75% on the most unaffordable drugs.