Pennsylvania Insurance Commissioner Testifies in Support of Pharmaceutical Price Transparency Bill to Help Control Health Insurance Costs
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"Rising prescription drug prices are a major reason premiums in the individual health insurance market rose significantly last year. In the individual market pharmaceutical drugs rose from 13.6 percent of per enrollee health care claims in 2014 to 21.4 percent in 2015, a 57 percent increase," Commissioner Miller told the committee. "Per enrollee pharmaceutical costs for plans sold to our small employers and their employees rose 33 percent over the same period. In order to make health insurance more affordable, we need to make the care health insurance pays for more affordable, and prescription drug prices are a huge part of that."
HB 161 would require a prescription drug manufacturer to disclose to the
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Commissioner Miller said many issues involving the pharmaceutical industry can only be dealt with at the federal level. However, she noted the
Consumers with questions or concerns about health insurance should contact the
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