Montana Public Radio

Matt Rosendale

Corin Cates Carney

  

State Auditor Matt Rosendale is running for Montana's open U.S. House seat - the third time he has sought to become a member of the state's congressional delegation.

The House chamber at the Montana Legislature.
Nick Mott / Montana Public Radio

HELENA, Mont. (AP) — Montana lawmakers did not have enough support to override four vetoes by Democratic Gov. Steve Bullock, including a strongly supported bill that sought to give health insurers the ability to regulate pharmacy benefit managers.

Average Monthly Premiums for Second-Lowest Cost Silver Plan in Montana 2016-2019.
Data from: Centers for Medicare and Medicaid Services, https://go.cms.gov/2Jp5SkE

Health insurers say premiums on the individual market could drop between 10 and 20 percent once a new bill is signed into law. The Montana Reinsurance Association Act is expected to be signed by Gov. Steve Bullock later this week.

The bill creates a new pool of money to help health insurers cover the cost of high ticket claims for health care.

Tonight on Capitol Talk: It was hard-fought, but Medicaid expansion will continue in Montana, and Gov. Bullock is celebrating the big legislative win. Moderate Republicans once again tipped the scales on Medicaid and other big items. Greg Gianforte appears ready to leave Congress, giving Democrats a glimmer of hope of retaking the seat. The Legislature is ready to wrap up after the Easter break.

Prescription drugs. Stock photo.
iStock

A plan for new regulations on insurance companies and their obscure contractors in the prescription drug supply chain is moving forward in the Montana Legislature.

The bill coming from State Insurance Commissioner Matt Rosendale would put new rules on the contracts between health insurance companies and pharmacy benefit managers, or PBMs.

Prescription drugs. Stock photo.
iStock

A proposal to regulate an obscure but important player in the prescription drug industry divided Democrats and Republicans as it passed out of the state Senate today.

Pills, stock photo.
(PD)

An obscure but important player in the health care industry is in the crosshairs of Montana elected officials, who are proposing new regulations aimed at reducing the cost of prescription drugs.

State Insurance Commissioner Matt Rosendale, an elected Republican, asked state lawmakers Friday to consider additional rules on the contracts between health insurance companies and what he refers to as the middlemen of the pharmaceutical drug industry.

Pills, stock photo.
(PD)

Montana lawmakers and the state insurance commissioner are targeting a generally hidden part of the healthcare system, with new regulations aimed at bringing down prescription drug costs. Companies in the drug supply chain, and the state’s biggest health insurance company, are fighting back.

Montana State Auditor Matt Rosendale.
Eric Whitney / MTPR

The company that negotiates deals between pharmacies, prescription drug makers and Montana’s biggest health insurance company has agreed to a $375,000 settlement with the Montana state auditor.

Earlier this year, Auditor Matt Rosendale’s office went after pharmacy benefit management companies, what it calls the ‘middle men’ in the world of prescription drugs. Rosendale alleged those companies are violating Montana insurance law by operating in the state without a license.

Spending by Candidates In Montana's U.S. Senate Races, 2000-2018. Data: opensecrets.org, fec.org
Corin Cates Carney

The candidates for Montana's two contested seats in Congress this year, and their supporters, spent more than $76 million over the last two years in their election campaigns.

The U.S. Senate race between Democrat Jon Tester and Republican Matt Rosendale brought in most of that money, making it the most expensive election contest in state history.

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