CALIFORNIA EYES 60% DISCOUNTS ON GENERIC Rxs

Published Online: Friday, September 1, 2006

Californians with incomes of up to 3 times the state's poverty level will be eligible for discounts of up to 60% on prescriptions for generic drugs, under the new drug assistance plan unveiled by Gov Arnold Schwarzenegger. State residents whose prescriptions are filled with more-expensive branded pharmaceuticals will be entitled to a smaller, 40% discount under the program.

Rather than subsidizing pharmaceutical assistance through tax revenues, the California plan would call on drug companies to give discounts to up to 5 million uninsured, low-income residents within 5 years. Manufacturers not offering discounts would be dropped from the state's Medi-Cal program.

Schwarzenegger's plan, which requires approval from both the state legislature and the federal government, would provide discounted prescriptions to 4-member families earning as much as $60,000 annually.




Latest Articles
This weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.
Chronic kidney disease incidence has grown faster than many of its common comorbidities such as diabetes and hypertension, and medications may be an underappreciated driver of this growth.
President Barack Obama’s fiscal year 2017 budget proposal calls for an additional $1.1 billion to combat the nation’s spiraling opioid epidemic.
Baxter International is voluntarily recalling intravenous solution due to leaking containers and the potential for particulate matter.
Latest Issues
$auto_registration$
VSEO N/A