Prescription Drug Affordability Board Activity, April and May 2026

Activities Summary

Maryland: In its April meeting, the Maryland PDAB set a UPL on Jardiance. In its May meeting, the board set a UPL on Ozempic.

VirginiaVirginia's governor vetoed the highly anticipated bills that would have established a PDAB in her state.

Colorado: The PDAB provided notice of UPL rulemaking for Cosentyx.

Activity by State

Maryland

Maryland PDAB Meetings

April 13, 2026 ​(Special Meeting)

Age​ndaMinutesMeeting R​ecording | Written comments

In their April meeting, Maryland’s Prescription Drug Affordability Board (PDAB) passed a motion to set an upper payment limit (UPL) for Jardiance, a diabetes treatment. By January 2027, they plan to cap the price at $204, or $6.80 a pill for a 30-day supply, a figure based on the Medicare maximum fair price. Maryland is the second state to deem a drug unaffordable and set a UPL. 

The PDAB also considered Farxiga for a UPL in their affordability reviews, but decided against the move due to the FDA’s approval of its first generic, just days before the Board’s meeting. This highlights one prevalent criticism of PDABs, the slow-moving nature of their processes, a sentiment that Maryland PDAB Chair Van Mitchell echoed in their November meeting. Other criticisms come from pharmacies and patient advocacy groups, which center on medicine access.

Additional meeting materials:

May 18, 2026

AgendaVideo | Written comment

On May 18, 2026, Maryland’s PDAB passed a measure to establish an upper payment limit on Ozempic. Set to take effect in January 2027, the drug’s price will be capped at $274 for a 30-day supply, a figure based on the maximum fair price (MFP) paid by Medicare, for state and local governments. In their April meeting, the PDAB also capped prices on Jardiance based on Medicare’s MFP. The board, established in 2019, has spent millions and only recently began implementing upper payment limits after years of meetings and debate. Critics argue the process has been slow and ineffective, a point echoed by the board chair in November 2025, pointing to cases like Farxiga, another diabetes medication considered for a cap in April 2026, where more than a dozen FDA-approved generics entered the market before the board could act, driving prices down through competition instead.

Additional meeting materials:

Virginia

In Virginia, Governor Abigail Spanberger vetoed the highly anticipated PDAB bills in her state. In her veto memo, Spanberger said the boards “are expensive undertakings that other states have either repealed or are considering repealing due to costs and ineffectiveness.” According to the bill’s fiscal statement, the bill would have cost the state over $40 million through 2031. 

Prior to the veto, the Governor proposed several amendments that the General Assembly ultimately rejected, including requiring the state to study a reference-based pricing system before spending millions on implementation and giving the Attorney General greater authority to investigate anticompetitive behavior between pharmaceutical manufacturers and insurance carriers.

Colorado

May 15, 2026

AgendaVideo

The board provided notice of UPL rulemaking for Cosentyx in its May meeting.