PRESS RELEASE
From the Office of State Senator Troy Fraser

For Immediate Release
March 6, 2002
Contact: William A. Scott - (512) 463-0124

Fraser Touts Low-Cost Prescription Drug Program for Low-Income Seniors

ABILENE -- State Senator Troy Fraser visited Abilene today to help enroll low-income seniors enroll in a new program aimed at lowering the cost of prescription drugs.

Fraser, R-Horseshoe Bay, dropped by Sears Heritage Place, an assisted living facility, as to promote the statewide launch of Pfizer Pharmaceuticals' "Share Card Enrollment Day."

The program, supported by the non-profit organization Texas Association of Homes and Services for the Aging, is designed to allow low-income seniors to sign up for a Pfizer Share Card, which will enable them to buy their prescriptions for only $15 month.

"For any of us who have been to the drug store lately, we know that $15 for a 30-day supply represents a substantial savings," Fraser said. "In fact, the average cost of a 30-day supply of a brand-name prescription drug is almost $70 -- and even generic brand versions can cost in the $30 to $40 a month range -- if not more."

The Pfizer Share Card program has been nationally recognized and praised by Health and Human Services Secretary Tommy Thompson -- as well as Democratic and Republican governors from more than a dozen states.

The program has also been endorsed by many national advocacy groups, including AARP, The National Council on Aging, the American Diabetes Association, The National Mental Health Association, The Latino Coalition and The National Coalition of Hispanic Health and Human Services Organization.

Fraser commended Pfizer for developing and promoting the program, and challenged other leading pharmaceutical companies to follow its lead.

"Through the Share Card Program, Pfizer is helping to make prescription drugs more affordable to those who need it most: our low-income, aging population that's living on a fixed income," Fraser said.

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