Posted At KLASTV.com
BY : Cindy Cesare
The American Association of Retired Persons, AARP, says prescription drug prices rose twice as fast as the inflation rate in the last year. This comes as Nevadans are still waiting to hear a ruling on whether they'll be able to buy drugs from Canada.
Helen Reider says, "Money, money, money. Greed." That's how Helen Reider describes American pharmaceutical companies. The 90-year-old volunteer at the Las Vegas Senior Center takes medication for high blood pressure, a heart arrhythmia, and for diabetes. Two of her prescriptions cost $87 for a two and a half month supply. Reider said, "If I didn't have some kind of income, I don't know how I could make it."
Many seniors don't know how to make it and still afford their medication. The AARP says the wholesale prices for 200 brand name drugs rose an average of 6.1-percent in the last year.
Many Nevada seniors are hoping that the State Attorney General's office interprets a new law to allow residents here to buy prescription medications in Canada. Nevada Attorney General George Chanos says, "My understanding is that an opinion is being worked on and that matter is under review and it's our policy to not comment on matters that are under review. So, we're working on it and we'll come out with an opinion."
The State Attorney General's office is looking into the wording of the bill to make sure it fits under FDA approval of the drugs from Canada.
The Pharmaceutical Research and Manufacturers of America claims the AARP report was flawed because it considered wholesale prices of drugs and it did not reflect discounts granted by drug manufacturers and pharmacies.
Nevada's new state attorney general did not know when his office would have a ruling on the Canadian drug law.


















