New Connecticut Laws Aim to Reduce Prescription Drug Costs for Patients and Hospitals

A package of new laws signed by Gov. Ned Lamont seeks to address surging prescription drug prices across Connecticut, reports The Hour. The lawmakers’ actions have drawn national attention for first-in-the-nation efforts including exploring the making of Connecticut’s own versions of premium-priced weight-loss drugs like Ozempic. Other measures cap certain drug prices at the wholesale acquisition cost, tighten regulations on pharmacy benefit managers (PBMs), and expand oversight to ensure insurers and hospitals contribute to affordability reforms.