Weinberg Statement on Bill to Limit Prescription Drug Cost Sharing, Now Law

Trenton – Senate Majority Leader Loretta Weinberg issued the following statement after her bill to require limits to cost sharing on prescription drugs between certain health insurers and their clients, was signed into law by Governor Murphy.

“The state of our current healthcare system is untenable. Health insurance loses its value if the doctor prescribed medication is unaffordable. For patients with chronic conditions in particular, out-of-pocket costs can range into the thousands of dollars each month, putting both their health and their livelihood in jeopardy. This law, however, is going to improve affordability and therefore access to vital medication. I’m glad, with the Governor’s signature, that New Jersey is taking a step to help keep costs down and keep people from having to choose between their basic needs like food or housing and their necessary medicine.”