In the near future, I plan on introducing an updated version of Senate Bill 62 from the previous session to help Pennsylvanians make more informed decisions when purchasing their prescription medications.

Most Pennsylvanians with prescription drug coverage can save money at a pharmacy by using their insurance. In some cases, however, it can be cheaper to purchase a drug out of pocket. On the flip side, too many individuals without health insurance are foregoing life-sustaining medications. Insurance can be pricey, but our state health-exchange, Pennie, has many affordable options that can save people money and allow them to purchase the medicine they need.

In light of this, my legislation would require pharmacies to disclose the following information, upon request, prior to the sale of prescription medications:

1. The full retail price of the brand name drug and any generically equivalent drug available.
2. The individual’s cost-sharing amount, or co-pay, of the brand name drug and any generically equivalent drug available.
3. Information on where to apply for subsidized health coverage through Pennie.
4. A disclaimer indicating that consumers should consider all of their current financial and health care circumstances when reviewing the disclosure.

Pharmacies would be required to post a notice informing the consumer of their right to request the disclosure.

Certain pharmacies already disclose some of the information above. However, pharmacies are not required to notify the customer of the availability of the information and provide it. By changing this, my legislation will help to ensure that all Pennsylvanians have the opportunity to make cost-effective decisions when purchasing prescription drugs. Doing so can help to lower out-of-pocket expenses for prescription medications, generate a better understanding of the value of insurance coverage, and increase rates of coverage within the Commonwealth.

My legislation draws on a proposal that was enacted in Illinois on prescription drug pricing transparency. More can, and should, be done to help lower health-care costs for Pennsylvanians.

Please join me in sponsoring this legislation. If you have any questions, please contact my office.