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Portfolio > Economy & Markets > Fixed Income

Prescription Manufacturers Start Access Program

By Staff Writer

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NU Online News Service, Jan. 12, 2005, 8:39 a.m. EST

A coalition of 10 major drug companies will be distributing a free discount card aimed at low-income and moderate-income uninsured Americans under age 65.[@@]

The coalition, Total Rx Access L.L.C., Washington, says its Together Rx Access card will provide discounts of 25% to 40% on at least 275 brand-name products such as Lipitor, a drug that lowers cholesterol levels, and Paxil, a drug that treats depression.

The program will be open to individuals with annual incomes up to $30,000 and families of 4 with incomes up to $60,000, program organizers say.

Organizers estimate 36 million U.S. residents will be eligible for the program.

Pharmacies that participate will have to agree to accept Total Rx rates for the drugs included in the program, organizers say.

More information about the program is on the Web at http://www.togetherrxaccess.com/

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