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Nonilex Oct 4, 2023

Today, the #Biden - #Harris Admin took another major step towards #lower #HealthCare #costs for #seniors & #families.

All manufacturers of all 10 #drugs selected for negotiation have signed agreements to participate in the #InflationReductionAct’s #Medicare #DrugPriceNegotiation Program

#DemocratsDidThat
https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/03/biden-harris-administration-takes-major-step-forward-in-lowering-health-care-costs-announces-manufacturers-participating-in-drug-price-negotiation-program/

Biden-Harris Administration Takes Major Step Forward in Lowering Health Care Costs; Announces Manufacturers Participating in Drug Price Negotiation Program | The White House

See President Biden’s video announcing the news HERE: “Today I can announce that the manufacturers of ten drugs are coming to the negotiating table to lower prices. They’re taking steps to participate in the negotiating program so we can give seniors the best possible deal.” Today, the Biden-Harris Administration took another major step towards lower…

The White House

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Nonilex Oct 4, 2023

For decades, #BigPharma fought to block #Medicare from directly negotiating lower #DrugPrices for seniors & other Medicare beneficiaries, while nearly 3 in 10 #Americans struggle to #afford their #medications because of #cost. President #Biden & Congressional #Democrats finally beat Big Pharma & allowed Medicare to directly negotiate lower drug prices by passing the #InflationReductionAct – despite ZERO #Republicans voting in favor of the bill.

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Nonilex

In total, the 10 #drugs selected for negotiation accounted for $3.4 billion in #out_of_pocket #costs for an estimated 9 million #Medicare enrollees in 2022. These drugs are used to treat #HeartFailure, #diabetes, #arthritis, #cancers, #BloodClots, & other conditions.

Over the next 4 years, Medicare will negotiate prices for up to 60 drugs covered under #MedicarePartD & #MedicarePartB, & up to an additional 20 drugs every year after that.

#Biden #Harris #Democrats