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Bill on drug pricing would help state in figuring healthcare costs
Bill on drug pricing would help state in figuring healthcare costs

A new crop of specialty drugs holds great promise for treating or even curing some devastating diseases, but their high cost challenges health insurers and taxpayer-funded health programs. In California, Gov. Jerry Brown has asked for $300 million in the coming fiscal year's budget just for specialty hepatitis C medications such as Sovaldi, which can cost Medi-Cal or the state prison system more than $80,000 for a course of treatment. Before policymakers can figure out how to cope with the costs over the long term, they need to know more about why these drugs are priced as high as they are. That's where a new proposal by Assemblyman David Chiu (D-San Francisco) comes in....

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