- Marty Jackley, who serves as the South Dakota Attorney General, is investigating nationwide fraud issues.
- Bills governing state policy and technology use were introduced in South Dakota.
South Dakota to Assess New Federal Drug Pricing Model for Medicaid Program
What happened
A new federal pricing model was announced at the White House that could impact state policy issues in South Dakota. The voluntary program, which aims to lower Medicaid drug costs, ties prices to those paid in certain other countries. South Dakota has identified three medications that could qualify for the program, which could save the state an estimated $750,000 annually on prescription drugs.
From ktiv.com
Why it matters
The model, called the GENEROUS Model, is designed to reduce Medicaid drug spending while aligning prices with international rates. The state must finalize participation agreements regarding the model by September 30.
Bills governing state policy and technology use were introduced in South Dakota. Marty Jackley, who serves as the South Dakota Attorney General, is investigating nationwide fraud issues.
From ktiv.com
Who's involved
- South DakotaState considering the voluntary federal pricing model to reduce Medicaid drug expenditures.
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Bills governing state policy and technology use were introduced in South Dakota.Also in this story
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South Dakota
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