"Americans have the right to know which payment method—insurance or cash—would provide the most savings when purchasing prescription drugs," Senator Susan Collins said of the new bill. (Photo: Shutterstock)
A bill introduced in the Senate by a bipartisan group of lawmakers would ban so-called "gag clauses" that bar pharmacists from proactively telling consumers that it could be cheaper to pay out of pocket for their prescriptions than to use their insurance.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
