Maddy summaryThis bill amends the state's health insurance laws to update the names of various regulatory agencies and redefine key terms used in market reviews. It specifically reorganizes the Department of Consumer Affairs and Business Regulation by clarifying which divisions fall under it and renaming the commissioner of insurance to the commissioner of health insurance. The legislation also introduces new definitions for concepts such as "health equity," "private equity companies," and "significant equity investors" to provide clearer guidance for oversight. Additionally, it establishes a new "benchmark cycle" for monitoring projected changes in total healthcare expenditures over a three-year period. These changes aim to modernize the legal framework governing the state's health insurance market and improve transparency in regulatory oversight.
Sponsored bills
Maddy summaryThis bill updates the Massachusetts Health Policy Commission by redefining key terms and adjusting the composition of its governing board. It introduces new definitions for concepts such as "health equity," "significant equity investor," and various healthcare entities like pharmacy benefit managers and private equity companies to clarify who is regulated. The legislation also changes how the commission's board is formed, specifying that members will be appointed by the governor, state officials, and legislative leaders rather than solely by the Department of Public Health. Additionally, the bill repeals previous sections related to medical assistance divisions and modifies the oversight structure for the commission. These changes aim to refine the legal framework used to review and regulate the state's healthcare market.
Maddy summaryThis bill amends state laws to clarify definitions of key terms like biosimilars, brand name drugs, and generic drugs, ensuring consistent language for pharmaceutical regulation. It expands the scope of entities subject to oversight by including self-insured health plans and explicitly defining pharmaceutical manufacturing companies and pharmacy benefit managers. The legislation also requires pharmaceutical companies to provide early notice of new products or price increases while protecting the confidentiality of their internal business and clinical data. Additionally, it adjusts the assessment fees charged to these industries, setting a minimum rate of 25 percent of the appropriated amount.
Senate, December 27, 2024 -- Report of the committee of conference on the disagreeing votes of the two branches with reference to the House amendment to the Senate relative to pharmaceutical access, costs and transparency (Senate, No. 2520) (amended by the House all after the enacting clause and inserting in place thereof the text of House document numbered 4910; and by striking out the title and inserting in place thereof the following title: “An Act promoting access and affordability of prescription drugs.”),-- reports, a “Bill relative to pharmaceutical access, costs and transparency” (Senate, No. 3012).
Senate, November 18, 2024 - Substituted as a new draft (Senator Pacehco) for the Senate Bill relative to the appointment of retired police officers as special police officers in the town of Raynham (Senate, No. 2937).
By Mr. Pacheco, a petition (accompanied by bill, Senate, No. 2717) (subject to Joint Rule 12) of Marc R. Pacheco and Angelo L. D'Emilia for legislation to establish appointed positions of district clerk and district treasurer for the North Raynham water district. Municipalities and Regional Government.
Senate, August 15, 2024 -- The committee on Public Service to whom was referred the petition (accompanied by bill, Senate, No. 2855) of Marc R. Pacheco and Angelo L. D'Emilia (by vote of the town) for legislation relative to the appointment of retired police officers as special police officers in the town of Raynham, report the accompanying bill (Senate, No.2937).
By Mr. Tarr, a petition (accompanied by bill) (subject to Joint Rule 12) of Bruce E. Tarr, Peter J. Durant, Ryan C. Fattman, Patrick M. O'Connor and other members of the General Court for legislation to enhance the authority of courts to protect public safety. The Judiciary.
By Representative Fernandes of Falmouth, a petition (accompanied by bill, House, No. 2516) of Dylan A. Fernandes and Angelo L. D'Emilia relative to disability pensions for violent crimes committed against certain public employees. Public Service.
By Representatives Jones of North Reading and Wong of Saugus, a petition (accompanied by bill, House, No. 2840) of Bradley H. Jones, Jr., Donald H. Wong and others relative to motor vehicle excise tax exemptions for 100 percent disabled veterans. Revenue.