Senator Robach today announced a new law that will require prescription drug prices to be posted online to give consumers easy access to the drug price list, allowing them to electronically comparison shop for prescription drugs on the Internet and help senior citizens save money.
The previous law required pharmacies to produce a weekly updated prescription drug price list and make copies available to consumers. The new law will allow consumers to review these prices on the web, locate nearby pharmacies and comparison shop from their home or office.
"As a legislator, making sure that New Yorkers have access to appropriate prescription drugs and ensuring that consumers are well informed about prescription drug prices are priorities for me" stated Senator Robach. "I am proud that the Governor has signed this legislation which will ultimately lead to lower prices for prescription drugs.
This law (S.1936-A, Chap. 293) will require pharmacies to provide the same list electronically each week to the Department of Health, who will make the prices available on their web site. Signs will be posted in pharmacies notifying consumers that the price list is online and the address of the web site. The web site will be searchable by zip code and other factors.