Establishes a Prescription Medicine Study Committee to explore and recommend ways to lower prescription drug costs in South Carolina.

The bill creates the Prescription Medicine Study Committee to evaluate and recommend strategies to reduce prescription drug costs in South Carolina. The committee will focus on methods used in other states, the federal government, and private industry, with a primary focus on medications for diabetes, heart disease, dementia, and other prevalent diseases. The committee will also consider state-led initiatives and engage stakeholders through hearings and submissions. The committee will submit a report with its findings and recommendations to the General Assembly by December 31, 2026.

Establishes a Prescription Medicine Study Committee to explore and recommend ways to lower prescription drug costs in South Carolina.

The bill creates the Prescription Medicine Study Committee to evaluate and recommend strategies to reduce prescription drug costs in South Carolina. The committee will focus on methods used in other states, the federal government, and private industry, with a primary focus on medications for diabetes, heart disease, dementia, and other prevalent diseases. The committee will also consider state-led initiatives and engage stakeholders through hearings and submissions. The committee will submit a report with its findings and recommendations to the General Assembly by December 31, 2026.