Initiatives

Prop 61: Drug Price Relief Act

7.08.2016 | Initiatives

Ballot Title

State Prescription Drug Purchases. Pricing Standards. Initiative Statute.

Summary

This initiative would prohibit state agencies from paying more for a prescription drug than the lowest price paid for the same drug by the US Department of Veteran Affairs. It would also apply when the state ultimately provides the funding for the purchase of the drugs even if they are not purchased directly by a government agency.

Arguments For

“Our primary purpose here is to strengthen the hand of government in negotiating price, and make clear the public ire over the cost of drugs and the lack of transparency, and that profit is an issue that has to be dealt with.” – Michel Weinstein, Founder/President of AIDS Healthcare Foundation

Arguments Against

“It will increase the prices of prescription drugs sold to veterans and many California consumers and will reduce the number of drug choices available to Californians all while costing taxpayers millions more in state bureaucracy and lawsuits because it will be virtually impossible to implement.” – Kathy Fairbanks, spokeswoman for Pharmaceutical Research and Manufacturers of America (PhRMA)

Supporters Website

Opponents Website

Click here to read the text initiative


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