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New Yorkers Get Local Drug Price Information Online

Dec. 6, 2004 – New York Attorney General Eliot Spitzer will joint the New York AARP today to announce increased efforts by both to inform New Yorkers online where they can find the best prices on popular prescription drugs.

Spitzer’s prescription drug price Website – www.nyagrz.org - will post the prescription drug prices gathered around the state

Prescription Drug Price Increases Continue to Outpace Inflation: AARP Study

Dec. 6, 2004 - A new report released today by AARP found the annual rate of manufacturers' price increases for the 197 brand name prescription drugs most commonly used by older Americans more than tripled the rate of inflation over the 12 month period ending on September 30, 2004. More... 12/06/04*

 

by AARP volunteers in the program named “AARP Rx Watchdog.” The site currently has information on 25 drugs that was gathered in a survey by the attorney general.

Viewers can search the site by city, county, zip code or distance to find prices at pharmacies convenient to them

The New York AARP group and Spitzer will release their national and state surveys results on prescription drug pricing and announce the launch of a joint effort to enlist New York senior citizens to help make prescription drugs more affordable in New York.

The "AARP Rx Watchdog" program, which monitors and reports on drug prices across the nation. will recruit seniors to assist the Attorney General's office with monitoring drug prices at pharmacies throughout the state. These seniors will visit their local pharmacies to survey the retail prices of the 50 most popular prescription drugs in New York, including those most frequently prescribed to older New Yorkers, and submit the prices to the AG's office.

“Rx Watchdog” is a national program of AARP - Click Here.

At the news conference today in the New York AARP office, Bill Novelli, AARP CEO and John Rother, AARP Director, Public Policy will also announce the latest results of the national AARP Watchdog study on prescription drug pricing in the country.

Nearly one in five seniors living in the State of New York have no coverage for medications and one of three of these seniors without drug coverage are skipping doses of medication or not filling a prescription because of cost concerns. One-fifth of the state's 2.4 million seniors have monthly out-of- pocket expenses of more than $100 for prescription drugs. These drug costs can vary significantly from one pharmacy to another

 “More than 5.6 million New Yorkers and about 450,000 seniors lack coverage for prescription drugs and may have had to pay the full price for their medications out of their own pockets. Additionally, many New Yorkers with insurance lack adequate coverage for prescription drugs and must buy them at full price. If you are one of these New Yorkers or a care giver for one of them, this site may help you, says the New York Website.

“In our most recent statewide survey, we found that prices of the top ten most commonly prescribed drugs for the seniors varied greatly across the state. For example, Norvasc (dosage: 5mg; quantity: 30 tabs), a top high blood pressure reducing drug, cost almost three times as much at one pharmacy than another, reports the AG’s Website.

New York law requires all pharmacies to provide their Drug Retail Price List, which is a recent print-out of their prices for the 150 most commonly prescribed drugs. Pharmacies must also prominently post a sign informing you that their Drug Retail Price List is available.

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