RELEASE: Support Continues to Grow for SB 1010 & Drug Price Transparency
CalPERS & Sac Bee Support SB 1010
Assembly Health Committee Vote on Tuesday
SACRAMENTO – Support for drug cost transparency continues to grow as momentum builds for tomorrow’s Assembly Health Committee hearing on SB 1010, authored by Senator Ed Hernandez (D-West Covina). Dozens of organizations now support this bill, representing a diverse coalition of leaders who rarely agree on health care legislation, including labor unions, business groups, consumer and senior advocates, local government officials, public health professionals, and newspaper editorial boards.
Most recently, CalPERS and the Pacific Business Group on Health (PBGH) have voiced their support for SB 1010 as prescription drug prices continue to rise at an unsustainable pace.
CalPERS provides health care coverage for 1.4 million active and retired state, local government, and school employees and their family members. PBGH represents 60 public and private organizations across the country that collectively spend $40 billion a year purchasing healthcare services for 10 million Americans.
This morning, the Sacramento Bee Editorial Board wrote in support of drug pricing transparency. To read the editorial, please click here. In addition, the Los Angeles Times Editorial Board wrote in support of SB 1010 on June 1. To read the editorial, please click here.
“The groundswell of diverse support for SB 1010 demonstrates how critical it is that we start shedding light on high-priced prescription drugs,” said Senator Hernandez. “Our firefighters, nurses, teachers, businesses, seniors, cities, and counties are supporting the passage of SB 1010 because they know transparency works.”
SB 1010 helps ensure that health care purchasers are notified of price increases in advance and have the information they need to effectively negotiate with drug companies for fair prices. Sponsored by the California Labor Federation and Health Access California, SB 1010 passed out of the California State Senate with bipartisan support.
The bill will be heard in the Assembly Health Committee on Tuesday, June 21.
Millions of Californians now have access to coverage under the Affordable Care Act, which makes controlling costs in the healthcare system critical. Other sectors of the healthcare system are required to be open about cost drivers in order to help contain and prepare for price increases, but the pharmaceutical industry is the only major sector without transparency requirements. SB 1010 levels the playing field by requiring drug companies to comply with the same kind of price transparency everyone else does.
For more information on SB 1010, please visit http://sd22.senate.ca.gov/sb1010.
Consumer and Patient Groups
- California Alliance for Retired Americans
- California Pan-Ethnic Health Network
- California State Retirees
- Consumers Union
- Courage Campaign
- Health Access California (co-sponsor)
- National Multiple Sclerosis Society – CA Action Network
- Project Inform
- Association of California State Supervisors
- California Conference Board of the Amalgamated Transit Union
- California Conference of Machinists
- California Labor Federation, AFL-CIO (co-sponsor)
- California Professional Firefighters
- California School Employees Association
- California Teachers Association
- California Teamsters Public Affairs Council
- Central Labor Council of Contra Costa County
- Engineers and Scientists of California, IFPTE Local 20
- International Longshore and Warehouse Union
- LIUNA Locals 777 & 792
- North Bay Labor Council, AFL-CIO
- Professional and Technical Engineers, IFPTE Local 21
- San Mateo County Central Labor Council
- SEIU California
- State Building and Construction Trades Council
- UNITE HERE!
- United Nurses Associations of California/Union of Health Care Professionals
- Utility Workers Union of America
- AIDS Healthcare Foundation
- America’s Health Insurance Plans
- Association of California Life and Health Insurance Companies
- Blue Shield of California
- California Association of Health Plans
- California Medical Association
- California Nurses Association
- California Optometric Association
- Kaiser Permanente
- Molina Healthcare of California
- Pharmaceutical Care Management Association
- Carson Chamber of Commerce
- Fresno Chamber of Commerce
- Greater Riverside Chambers of Commerce
- Industry Manufactures Council
- Los Angeles Area Chamber of Commerce
- Oakland Metropolitan Chamber of Commerce
- Ontario Chamber of Commerce
- Pacific Business Group on Health
- Redondo Chamber of Commerce
- Sacramento Metropolitan Chamber of Commerce
- San Jose Silicon Valley Chamber of Commerce
- San Ramon Chamber of Commerce
- Silicon Valley Employers Forum
- Small Business Majority
- South Bay Association of Chambers of Commerce
- Valley Industry and Commerce Association
- City and County of San Francisco
- League of California Cities
- School Employers Association of California
- Small School Districts Association
- The Los Angeles Times, June 1
- The Sacramento Bee, June 20