Voters rejected a proposal aimed at slashing prescription drug prices for Ohio’s 3 million Medicaid recipients on Tuesday by a 4-to-1 margin after pharmaceutical companies raised about $60 million for ads and organizing against the measure.
The measure would likely have incurred a legal battle had it passed. It mandated that Medicaid bean-counters pay the same prices that drug companies offer to Veterans Affairs beneficiaries, without specifying how exactly the low-income heal...