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Oklahoma Governor proposes legislation to establish prescription drug price Web site

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Government Technology reports Oklahoma’s Governor, Brad Henry, is seeking to introduce legislation to faciliate prescription drug price comparison.

The governor is urging state lawmakers to approve establishing an online site called the Oklahoma Prescription Drug Retail Price Registry, otherwise known as the Consumer’s Choice Registry. The Web site would allow consumers to easily search retail prices at state pharmacies for the 150 most-prescribed pharmaceuticals.

Gov. Henry said similar Web sites set up in other states have encouraged pharmacies to reduce prices, which has translated into significant cost savings for consumers.

Under the proposal, all pharmacies in the state will be required to routinely submit retail price information to the Web site, which will be administered by the Oklahoma Department of Health. The measure, Senate Bill 1712, is authored by state Sen. Andrew Rice (D-Oklahoma City).

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