Club Aims to Lower Cost of Drugs for Seniors

Gov. Rod Blagojevich signed a law creating a prescription drug “buying club” designed to reduce the cost of medicines for the elderly by up to 30%.

Supporters say club members will have more clout as a group than as individuals and will be able to negotiate lower prices from drug companies. The state will negotiate for bulk discounts on behalf of the club.

Those who qualify will pay $25 a year to join the club.