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As someone being treated for a rare disease in Minnesota, I am experienced with prescription drug costs. Living with cystic fibrosis for decades now, its related pain, treatments and challenges, I can appreciate the need to lower costs for medications. The question is, what is the best way to do that?
Recently, some drug companies announced lowering insulin costs and the federal government is pushing for price reductions on more medications. Many states are finally passing laws to prevent insurers and pharmacy benefit managers from dramatically inflating prescription prices behind the scenes before they ever get to consumers. All these seem like good ideas.
But there is one idea emerging nationwide and in the Minnesota Legislature that is causing me and others to say, "Hold on." HF 17/SF 168 would create a Prescription Drug Affordability Board (PDAB). PDABs may initially sound OK, but other states are already banning them as PDAB policies often treat the sick and those with rare diseases poorly.
PDABs are staffed with citizen experts who, with little knowledge, will be able to cap and dictate the price of drugs based on certain algorithms that turn patient health into numbers. PDABs offer a one-size-fits-all approach. They especially leave those of us with rare diseases who need specialty medications (typically higher priced) without a voice or a choice.
PDABs do this by using a complex health/life algorithm known as "quality-adjusted life year/incremental cost-effectiveness ratio" (QALY/ICER) that discriminates against those who are extremely sick and/or have a rare disease, leaving them forced to pay even higher costs. Unfair, heartbreaking and far from patient-friendly, PDABs have the potential to turn the sick and those with rare diseases into casualties of a bad policy. The good news is that this can be fixed.
Patient protections need to be added to this legislation. I would suggest the following: