1115.org

Blatant pandering:

Gov. Arnold Schwarzenegger proposed a prescription drug plan on Saturday that would penalize pharmaceutical companies that fail to provide big discounts to low-income Californians within five years by limiting their access to the state’s huge Medi-Cal market.

The proposal comes as the governor prepares for a health care summit to be held Monday in Los Angeles, where he is expected to outline his ideas on how the state might cover all or most of an estimated 6 million uninsured residents.

The plan, which could provide discounts to as many as 5 million people, represents a turnaround by Schwarzenegger, who in the past has opposed bills and ballot measures that attempted to force drug companies to provide cheaper drugs.