Virginia Legislators Reintroduce Prescription Drug Board

Virginia lawmakers are reviving efforts to establish a Prescription Drug Affordability Board (PDAB) with bipartisan support, aimed at addressing the rising costs of prescription medications. Delegate Karrie Delaney, supported by Delegate Ellen Campbell, emphasizes that many Virginians struggle to choose between essential medications and basic necessities. Although Governor Glenn Youngkin previously vetoed similar legislation, advocates believe the current bipartisan backing could lead to success this time. The proposed PDAB would set payment limits for high-priced drugs and conduct affordability reviews. Additionally, lawmakers are working on the Save Local Pharmacies Act to support independent pharmacies facing financial hardships due to low reimbursement rates from pharmacy benefits managers (PBMs). This legislation aims to create transparency in drug pricing and improve the viability of local pharmacies serving rural communities.