Legislative Bill · Fjordheim
Failed

State Prescription Drug Negotiations Act of 2024

Proposed by Libertarian Alliance · fronted by Malin Larsson
Failing
in the Nordting
Opened
12 May 2024
Voting closes
11 Jul 2024
Chambers
1 legislature
Articles
1 change

Rationale

Help our stagnant economy, liberalize the market somewhat so the law passes in the Nordting, while still looking after our citizens with a negotiation for all medicine prices so pharmaceuticals do not go overboard with the prices.

Proposed Changes

1

Prescription Drug Pricing
Previous law
Statutory price caps on all medicines
State negotiates prices for public purchasing

Timeline

  • Draft
    13 March 2024


  • Vote Open
    12 May 2024


  • Vote Closed
    11 July 2024


  • Did Not Become Law
    11 July 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

Nordting

Failed
13Yes 20No 2Not voted 35 seats

For: 13 / 35 seats (37.1%)

Against: 20 · Abstained: 0 · Not voted: 2

50.1% of those voting must vote in favour (actual = 39.4%)
Party Seats Vote
A Better Fjordheim 6 Yes
ASTER 20 No
Democratic Liberal Platform 5 Yes
Libertarian Alliance Proposer 2 Yes

Voting record

Every vote must state a public reason. Most recent first.

ASTER
Voted June 4, 2024
No

“ASTER votes no on this bill. Today, every citizen is protected by a legal price ceiling on all prescription medication — a universal guarantee. This proposal narrows that protection to public purchases only, leaving anyone who buys medication outside the public system exposed to whatever price the pharmaceutical industry sets. State negotiation for public procurement is not a bad tool on its own, but it cannot replace a universal safeguard; it simply shifts risk onto the citizens least able to absorb it. The claim that price ceilings stifle innovation asks patients to subsidize corporate margins with their own health. ASTER will support state negotiation as a complement to price protection, not as a replacement for it. We remain open to a revised proposal that expands coverage rather than narrows it.”

Yes

“Even though we aim for affordable medicine and care for those who need it, too stringent price caps hinders innovation. It does not incentivize companies to come up with new and better ways to treat patients. Allowing some profit-making alleviates this issue. It is much better to directly help low-income households being able to afford the care they need, instead of targeting the companies that provide it.”

“ABF supports replacing blanket price controls with targeted state negotiation, allowing greater market freedom while ensuring taxpayers receive fair prices on publicly purchased medicines.”

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