Massachusetts Governor Again Proposes Excise Tax for “Excessive” Price Increases
By EsqSocial Corporation 05/02/21
On January 27, 2021, Governor Baker of Massachusetts issued his FY 2022 Governor’s Budget. The budget legislation includes an anti-drug price increase measure that has previously been proposed by the Baker Administration on multiple occasions. Under the legislation, drug manufacturers “who establish[] an excessive price [meaning WAC] for any such drug directly or in cooperation with a related party, shall pay a per unit penalty on all units of the drug ultimately dispensed or administered in the...
By: Foley Hoag LLP - Drug Pricing Policy Watch