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Tuesday, July 31, 2007  

Individual Health Insurance: Will Cheap Prescription Drugs Make Medical Coverage More Available?

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Congressman Chris Van Hollen of Maryland plans to introduce legislation next week that would allow states to provide cheap prescription drugs to their residents, potentially removing some of the out-of-pocket expenses linked to individual health insurance.

According to the article at wtopnews.com, "the bill would allow states to use their purchasing power to require drug companies to provide discounts on medications for low-wage workers. States could negotiate the same breaks they get for people on Medicaid."

Patients would get discount cards to take with them to the pharmacy, to ensure that they have access to cheap prescription drugs, and the savings could be passed on to those with no drug coverage.

Prescription medications are one of the leading problems blocking greater access to affordable individual health insurance. As Americans become less healthy, as they see medications advertised on TV, and as doctors prescribe them more often, prescription drug coverage is difficult to negotiate for anyone hoping to purchase individual health insurance, and a leading cause of distress for seniors and older Americans who need these medications, but can't afford coverage.

Previous attempts to curtail the cost of medications have been blocked by pharmaceutical companies, but as the public outcry against healthcare costs continue to rise, more and more politicians are working to respond to their constituents.