We speak on this issue in our newest blog: Medicare Must Be Allowed to Negotiate Drug Prices.

“Who’s to blame for high health care costs? More than half of those with employer insurance say pharmaceutical and health insurance companies deserve “a lot of blame.” ”
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We speak on this issue in our newest blog: Medicare Must Be... — Who’s to blame for high health care costs? More than half of those with employer insurance say pharmaceutical and health insurance companies deserve “a lot of blame.”
via Kaiser Health News.
**Related Reading:**
**We speak on this issue in our newest blog: Medicare Must Be Allowed to Negotiate Drug Prices.**
Senator Klobuchar insisted that by allowing the Secretary of Health and Human Services to negotiate drug prices for Medicare, costs would eventually fall for patients of all ages. Klobuchar has introduced legislation in the Senate to lift the ban on Medicare negotiating with Big Pharma. The bill already has more than 30 cosponsors, but cannot pass without Republican support.

Source: bit.ly

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bit.ly

Grassley, Wyden working on plan to cap seniors' drug costs in Medicare

Peter Sullivan

Senate Finance Committee Chairman Chuck Grassley (R-Iowa) is working on a bipartisan plan to cap seniors’ expenses for prescription drugs in Medicare as part of a broader effort to lower drug prices.
Grassley told The Hill on Wednesday that one idea he is working on with Sen. Ron Wyden (Ore.), the top Democrat on the panel, is “some sort of maximum amount that one person would have to pay” for drugs.
via The Hill.

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Join us on Facebook Live today at 2pm EDT as we discuss the impact of 2018 spending bill on seniors and the rising cost of Medicare prescription drugs.
Broadcasting live here. — Join us on Facebook Live today at 2pm EDT as we discuss the impact of 2018 spending bill on seniors and the rising cost of Medicare prescription drugs.
**Broadcasting live here.**

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lat.ms

Medicare's stealth price hike: Seniors are paying more for generics even though the drug prices haven't increased

Michael Hiltzik

Here’s a riddle about drug pricing to ask our healthcare administrators, including Health and Human Services Secretary Alex Azar: Since the prices of generic drugs haven’t risen since 2011—in fact, in many cases have fallen—why have out-of-pocket costs for seniors on Medicare nearly doubled?
That’s the finding in a new analysis by the healthcare consulting firm Avalere Health, which studied the trends in co-pay charges for enrollees in Medicare Part D, the prescription drug benefit. The benefit is administered by private insurance companies. The insurers have great latitude to establish out-of-pocket co-pays and structure their formularies—the roster of drugs they cover—as long as they meet broad rules set down by the Centers for Medicare and Medicaid Services, an agency under HHS.
via Los Angeles Times.

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Trump Favors Big Pharma Profits Over Seniors Prescription Drug Savings.

Trump’s new proposal will ring hollow with America’s seniors, who understand the only way they will see the prices they pay at the pharmacy come down is for the president and Congress to break the choke-hold that Big Pharma has on our country’s drug pricing policies – and pass legislation that gives Medicare full control over negotiation.

Options for Implementing Medicare Drug Negotiation.

At a time when policymakers are seeking ways to lower the federal deficit and overall health care spending, proposals that reduce Medicare prescription drug costs cannot be overlooked.

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“via twitter.
”
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Letter Urging Cosponsoring of “The Medicare Negotiation and Competitive Licensing Act”.“We support Congressman Doggett’s bill because it would allow the Secretary of Health & Human Services to directly negotiate... — via twitter.
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**Letter Urging Cosponsoring of “The Medicare Negotiation and Competitive Licensing Act”.**
We support Congressman Doggett’s bill because it would allow the Secretary of Health & Human Services to directly negotiate prices for prescription drugs and issue a competitive license allowing other manufacturers to produce the drug for Medicare in the event negotiations fail.
**Hill Democrats Get Tough on Big Pharma, Prescription Drug Prices.**
Last week, Democrats introduced legislation to allow Medicare to negotiate prices directly with pharmaceutical companies. This week, the new chairman of a key House committee, Rep. Elijah Cummings (D-MD), announced an investigation into skyrocketing drug costs.

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kff.org

Web Event: Rx Drugs and the U.S. Health System: A Conversation about Medicare Prescription Drug Costs

Medicare spent $97 billion on prescription drugs in 2014, accounting for more than a quarter of the nation’s spending on prescription medicines. Those numbers are expected to continue rising in coming years, as spending on the Part D benefit accelerates. Policymakers have put a number of proposals on the table to reduce the growth in Medicare drug spending and costs for beneficiaries, including a controversial proposal that would change the way Medicare pays for Part B drugs administered by doctors.
via Kaiser Health Foundation.

Senate Finance Committee unveils bipartisan bill to lower prescription drug prices for seniors

Senate Finance Committee Chairman Chuck Grassley, R-Iowa., and Ron Wyden, D-Ore., the committee's ranking member, have been working for several months on a bill to lower drug prices.

Berkeley Lovelace Jr.

Meeting the Demand for Lower Drug Prices in Medicare.

Three policy approaches to lowering drug costs that Congress is actively considering are: 1) allowing the government to negotiate directly with manufacturers in the Medicare Part D program, 2) placing inflationary spending caps on drugs, and 3) so-called reference pricing.

Hill Democrats Get Tough on Big Pharma, Prescription Drug Prices.

The Prescription Drug Price Relief Act, which would peg the price of prescription drugs in the United States to the median price in five major countries: Canada, the United Kingdom, France, Germany and Japan…

Medicare Must Be Allowed to Negotiate Drug Prices.

People are dying — or their quality of life is poor — because high drug prices are forcing seniors to go without life-saving medications. It’s time to end pharma’s drug price gouging. It’s time to stop forcing seniors to cut their pills in half or skip a dose. That’s why the National Committee urges the Senate to approve legislation that would allow Medicare to negotiate prescription drug prices.

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“via twitter.
”
Related Reading:
Options for Implementing Medicare Drug Negotiation.“At a time when policymakers are seeking ways to lower the federal deficit and overall health care spending, proposals that reduce Medicare prescription drug costs... — via twitter.
**Related Reading:**
**Options for Implementing Medicare Drug Negotiation.**
At a time when policymakers are seeking ways to lower the federal deficit and overall health care spending, proposals that reduce Medicare prescription drug costs cannot be overlooked.
**Hill Democrats Get Tough on Big Pharma, Prescription Drug Prices.**
The Prescription Drug Price Relief Act, which would peg the price of prescription drugs in the United States to the median price in five major countries: Canada, the United Kingdom, France, Germany and Japan…

Source: bit.ly politics rx drugs prescription drugs seniors elderly older americans retirement retirees retirement crisis healthcare health care p2 entitlements entitlement reform earned benefits medicare

NCPSSM — Who’s to blame for high health care costs? More...

See, that’s what the app is perfect for.