Proposed Drug Plan Legislation Could Hurt Oklahoma Consumers, Raise Costs

An estimated 70 percent of Americans are enrolled in a prescription drug plan through their employer, health insurer or Medicare Part D. Millions more have joined discount drug card programs. When hundreds of thousands of Oklahomans enrolled in drug plans walk into their neighborhood drugstore, they receive discounted drug prices that have been negotiated on their behalf. However, uninsured consumers and those enrolled in health plans with insurance deductibles that have not been met must bear the cost of drug purchases out of their own pockets. Rising drug prices have prompted some ill-conceived legislative proposals that should raise some concerns — and could boost costs for Oklahomans.

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