|
SACRAMENTO, Calif. (AP) - Gov. Arnold Schwarzenegger and legislative Democrats reached a deal Thursday that they say will help uninsured, lower-income Californians get discounts of up to 40 percent on name-brand drugs.
The California Prescription Drug Initiative, announced earlier this week but formally approved Thursday, will give discounts of about 40 percent for name-brand drugs and 60 percent for generics to people who otherwise would have to pay full retail price. The enrollment fee will be $10 a year.
The initiative will require prescription drug companies to offer discounts for medications or face possible sanctions.
|