State legislators are initiating a formal investigation into the surging prices of prescription medications to identify potential state-level solutions for overburdened patients. A newly prefiled bill, Senate Joint Resolution 749, proposes the creation of a specialized joint study committee to evaluate why essential drugs have become increasingly unaffordable.
The committee’s primary objective would be to recommend legislative actions to lower costs, specifically targeting life-saving treatments for chronic conditions such as diabetes, heart disease, and dementia.
A major focal point of the proposal is the disparity in insulin pricing. While federal law currently caps insulin costs at $35 per month for Medicare beneficiaries, many South Carolinians with private insurance do not benefit from similar protections…