December 18, 2019
ALBANY,
N.Y. (AP) — Gov. Andrew Cuomo plans to create a commission to investigate the
potential benefits of importing prescription drugs from Canada, he announced
Wednesday as part of a package of proposals aimed at lowering drug prices for
New Yorkers.
Cuomo’s
prescription drug plan also includes proposals to cap insulin co-payments at
$100 a month for people who are insured and to empower the state Department of
Financial Services to investigate spikes in prescription drug prices.
“The
exorbitant cost of prescription drugs is a massive burden on families across
the country, and we’re determined to use every tool in the tool box and pursue
every available avenue to bring real relief to New Yorkers,” Cuomo said in a statement.
Cuomo
said his Prescription Importation Commission will work with insurers, consumers
and health care providers to identify any potential consumer savings from
importing drugs from Canada.
The
Democratic governor has been rolling out pieces of his 2020 state of the state
address each day leading up to the end of the year.
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