Colorado Gov. Bill Ritter (D) on Monday signed into law a bill (SB 1) to create a prescription drug program for low-income uninsured state residents that could reduce drug prices by up to 80% for some beneficiaries next year, the Colorado Springs Gazette reports. The Senate last month voted 27-6 to approve the legislation, and the bill passed the House last week on a 57-7 vote. Uninsured Colorado residents who do not qualify for Medicaid and have incomes at or below 300% of the poverty level are eligible for the program, called Colorado Cares Rx Program. State residents enrolled in high-deductible health insurance plans also might qualify for the program, according to the Gazette. Participating residents will pay a one-time enrollment fee of no more than $20. The program will provide discounts on about 10,000 prescription drugs at participating pharmacies across the state (Sealover, Colorado Springs Gazette, 2/6). State House Majority Leader Alice Madden (D) estimates that about 264,000 Colorado residents could be eligible for the program, which is expected to begin in early 2008 (Clausing, Denver Post, 2/5). Evan Dreyer, a spokesperson for the governor, said the Colorado Department of Health Care Policy and Financing will launch a public-awareness campaign to educate uninsured state residents about the program (Colorado Springs Gazette, 2/6).
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Publication Date: 2007-02-09 04:00