Pfizer to discount drugs for the uninsured

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Pfizer Inc. Wednesday said it will launch an initiative that expands access to prescription drugs by extending a $15 flat fee for qualified Medicare beneficiaries.

Pfizer Inc. Wednesday said it will launch an initiative that expands access to prescription drugs by extending a $15 flat fee for qualified Medicare beneficiaries.

With enrollment beginning in August, Pfizer will provide Americans without drug coverage access to Pfizer medicines at an average savings of 37 percent.

Pfizer said it will offer uninsured families earning less than $45,000 a year the ability to buy medicines at prices similar to those paid by large purchasers.

Families without drug coverage making more than $45,000 will be eligible for average savings of 15 percent off retail prices if they do not have drug coverage.

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