Health Care

Mass. Senate passes drug pricing, PBM overhaul bill

It now must get through the House, which in the last two sessions didn’t hold a vote on earlier versions of the bill.
A CVS Pharmacy in the Harlem neighborhood of New York City. (AP Photo/Ted Shaffrey, File)

The Massachusetts Senate unanimously passed a sweeping drug pricing and transparency bill Wednesday that supporters said would put the state at the forefront of a national effort to address skyrocketing drug costs.

The measure, dubbed the PACT Act 3.0, targets drug manufacturers and pharmacy benefit managers. They have been the subject of intense debates in statehouses and Congress, as lawmakers’ attempts to make life-saving drugs more accessible and affordable collided with the interests of some of the most deep-pocketed and influential industries in the country.

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