New West Virginia Law Requires Transparent Drug Costs

Pharmaceutical prices affect most West Virginians, with 89 percent reporting that they or someone else in their household takes prescription drugs. AARP West Virginia is working to provide more transparency on drug costs and more competitive pricing by implementing a 2020 law, the Requiring Accountable Pharmaceutical Transparency, Oversight, and Reporting Act. 

The law, which passed with bipartisan support, requires manufacturers that sell prescription drugs in the state to provide cost information, changes in prices and prescription drug statistics to the State Auditor’s Office for publication on a website. 

Nearly three-fourths of West Virginians say they are concerned about the cost of their medication, according to an AARP-commissioned poll. Stay apprised at aarp.org/wv.