Governor Cuomo Unveils 6th Proposal of 2020 State of the State: Lowering Prescription Drug Prices for All New Yorkers Through Comprehensive Three-Part Plan

Posted to Applied Web NY on Wed, 12/18/2019 - 10:28

Governor Andrew M. Cuomo today announced the 6th proposal of his 2020 State of the State agenda - a three part plan to lower prescription drug costs for all New Yorkers. The Governor's proposal would cap insulin co-payments at $100 per month for insured patients to help address the rising cost of insulin that has resulted in diabetes patients rationing, skipping doses and not filling prescriptions. The proposal would empower the State Department of Financial Services to investigate and hold drug manufacturers accountable for unjustifiable, exorbitant increases in drug prices. Finally, the proposal would establish a commission of experts to study the feasibility and benefits of a Canadian drug importation program and submit a plan to the U.S. Department of Health and Human Services for review. 

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