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Showing Original Post only (View all)Every single republican voted against the legislation that made this happen [View all]
The Associated Press @APBREAKING: Prices for 10 of Medicare's most popular and costliest drugs will be cut after deals struck with drug companies.
The discounts, agreed to after months of negotiations with drug manufacturers, range between 38% and 79% on the medications list price, which is the cost of medication before discounts or rebates are applied not the price people actually pay for prescriptions.
The newly negotiated prices will impact the price of drugs used by millions of older Americans to help manage diabetes, blood cancers and prevent heart failure or blood clots. The drugs include the blood thinners Xarelto and Eliquis and diabetes drugs Jardiance and Januvia.
Its a landmark deal for the Medicare program, which provides health care coverage for more than 67 million older and disabled Americans. For decades, the federal government had been barred from bartering with pharmaceutical companies over the price of their drugs, even though its a routine process for private insurers.
For years, millions of Americans were forced to choose between paying for medications or putting food on the table, while Big Pharma blocked Medicare from being able to negotiate prices on behalf of seniors and people with disabilities, President Joe Biden said in a statement. But we fought back - and won.
https://apnews.com/article/biden-drug-prices-medicare-prescriptions-34886d6f362c242be268c05d5efd5411
...this was part of the Inflation Reduction Act passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.
All Democrats in the Senate and House voted for the bill while all Republicans voted against it.
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Every single republican voted against the legislation that made this happen [View all]
bigtree
Aug 2024
OP
Especially when Cost Plus Pharmacy is able to undercut the 'street' prices.
flying_wahini
Aug 2024
#2
Countdown until Senate Repubs start claiming credit for the reduced drug prices - 3...2...1... n/t
SpankMe
Aug 2024
#6
Well ..My goodness. Actually, I'm extremely worried about the grocery male cashier...
chouchou
Aug 2024
#17
"All Democrats in the Senate and House voted for the bill while all Republicans voted against it."
BumRushDaShow
Aug 2024
#43