Bill would cap cost of prescriptions for chronic illnesses

Cap would be $1,250 for individuals, $2,500 for families

BOSTON (WWLP) – Treatments are expensive for chronic diseases like cancer, multiple sclerosis, and arthritis, but a bill working its way through the Legislature is designed to make prescription drugs more affordable for you and your family. The bill would have insurance companies bear some of the high costs consumers pay out-of-pocket.

The bill, which has been approved by the Senate, would cap out-of-pocket expenses at $1,250 each year for individuals. For families, the cap would be $2,500.

“It’s very important that you don’t be bankrupt for the cost of medications,” said Sen. Stephen Brewer (D-Barre). “The cost of medications is extraordinarily high, especially for those on fixed incomes; senior citizens.”

The bill now heads to the House of Representatives, with just a few days left to get it to Governor Deval Patrick’s desk.

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