HR1794: HR1794 Commissioner of Insurance; conduct a comprehensive review of prescription drug pricing and identify strategies to reduce the cost of prescription medications; urge

26 LC 65 0093 House Resolution 1794 By: Representatives Berry of the 56 th, Herring of the 145 th, Park of the 107 th, Frye of the 122nd, Hugley of the 141st, and others A RESOLUTION Urging the Commissioner of Insurance to conduct a comprehensive review of prescription1 drug pricing and identify strategies to reduce the cost of prescription medications for citizens2 of the State of Georgia; and for other purposes.3 WHEREAS, the cost of prescription drugs has increased significantly in recent years, placing4 a substantial financial burden on patients, families, employers, and public health programs5 across the State of Georgia; and6 WHEREAS, high prescription drug prices can lead to decreased me dication adherence,7 resulting in worsened health outcomes and increased long-term healthcare costs; and8 WHEREAS, greater transparency of pharmaceutical pricing, includ ing the roles of9 manufacturers, pharmacy benefits managers, insurers, and other stakeholders, is necessary10 to fully understand cost drivers within the pharmaceutical supply chain; and11 WHEREAS, other states have undertaken comprehensive reviews of prescription drug12 affordability, including the use of all-payer claims data, advi sory panels, and reporting13 requirements to better understand pricing trends and identify policy solutions; and14 H. R. 1794 - 1 - 26 LC 65 0093 WHEREAS, a coordinated, evidence based review in Georgia would help identify15 opportunities to improve affordability, enhance transparency, and ensure that cost savings16 are passed on to consumers; and17 WHEREAS, the Office of the Commissioner of Insurance is uniquely positioned to evaluate18 insurance market practices, claims data, and pricing structures affecting prescription drug19 costs in Georgia.20 NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES that21 the members of this body urge the Commissioner of Insurance to conduct a comprehensive22 review of prescription drug pricing and identify strategies to reduce the cost of prescription23 medications for citizens of the State of Georgia.24 BE IT FURTHER RESOLVED that a report of findings and recommendations be submitted25 to the Governor, the President of the Senate, and the Speaker o f the House of26 Representatives.27 BE IT FURTHER RESOLVED that the Clerk of the House of Representatives is authorized28 and directed to make appropriate copies of this resolution avai lable for distribution to the29 Commissioner of Insurance, the public, and the press. 30 H. R. 1794 - 2 -