Nevada Joins Consortium to Lower Prescription Drug Prices
Nevada has joined the Northwest Prescription Drug Consortium, a group formed by Oregon and Washington to bolster their purchasing power and lower the cost of prescription drugs.
The consortium, which provides members with discounts via an ArrayRx Card, was founded in 2006 and claims it has helped residents of Oregon and Washington save almost $100 million over the past six years.
On average, Nevadans could save up to 80 percent on generics and up to 20 percent on brand-name drugs, said the Nevada Department of Health and Human Services, adding that the program will benefit both insured and uninsured people.
Nevada’s action marks a growing trend among states to look for ways to rein in the rising costs of prescription drugs as Congress considers legislation that would empower Medicare to negotiate the price of some medications.