Medicare Must Be Allowed to Negotiate Drug Prices.

“President Donald Trump is off the mark in taking credit for a drop in drug prices that he calls unprecedented in half a century.
TRUMP: “Our ambitious campaign to reduce the price of prescription drugs has produced the largest decline in drug prices... — President Donald Trump is off the mark in taking credit for a drop in drug prices that he calls unprecedented in half a century.
TRUMP: “Our ambitious campaign to reduce the price of prescription drugs has produced the largest decline in drug prices in more than 51 years.” — remarks at North Carolina rally Monday night.
THE FACTS: He’s exaggerating his influence on drug prices, which haven’t fallen for brand-name drugs, the area that worries consumers the most.
Most of the Trump administration’s “ambitious campaign” to reduce drug prices has yet to be completed. Major regulations are still in the works and legislation has yet to be passed by Congress. A rule requiring drug makers to disclose prices in TV ads has been blocked for now by the courts.
via Associated Press.
**Related Reading:**
**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.

Source: bit.ly

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Join us at 12:45pm EDT today as we discuss:• President Trump’s visit to the Villages in Florida.
• Status on lowering prescription drug costs.
Watch the live broadcast by clicking here. — Join us at 12:45pm EDT today as we discuss:
President Trump’s visit to the Villages in Florida.
Status on lowering prescription drug costs.
**Watch the live broadcast by clicking here.**

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bit.ly

A new Democratic proposal is Trump's make-or-break moment on drug prices

The drug industry is working overtime to pull rank-and-file Republicans back into line.

Striking a big, bipartisan deal on drug prices is one of President Trump’s last opportunities before the election to make good on a sweeping campaign promise — and Trump himself is the biggest X factor.
The big picture: On policy, Trump and Democrats are aligned — but the Dems may not want to make a deal just before the election. On politics, Trump and Republicans are in agreement — but the drug industry is working overtime to pull rank-and-file Republicans back into line.
Driving the news: House Speaker Nancy Pelosi will release a drug-pricing plan shortly after Congress returns to work this week after its August recess, a House Democratic aide confirmed. And Democrats will try to keep the issue on the front burner for the rest of the year.
via Axios.

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Prescription Drug Prices a Top Priority for Congress After Summer Recess.

When Congress returns from summer recess on Monday, lawmakers will have plenty on their plates, especially the vexing issue of high prescription drug prices. Hill-watchers expect action on legislation from both parties which aim to reduce prices at the pharmacy counter, though there is scant consensus on specific policies.

Source: bit.ly rx drugs politics healthcare health care trump donald trump GOP republicans retirement elderly older americans medicare prescription drugs prescription drug costs seniors congress democrats

“via twitter.
”
High prescription drug costs is a crisis for some seniors in America. We see some seniors cutting pills in order to save money which can be fatal.We are asking Congress to allow Medicare to negotiate drug prices.Sign our petition by... — via twitter.
High prescription drug costs is a crisis for some seniors in America. We see some seniors cutting pills in order to save money which can be fatal.
We are asking Congress to allow Medicare to negotiate drug prices.
**Sign our petition by clicking here.**

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

wapo.st

The Health 202: White House is reviewing a new index to cut Medicare drug spending

https://www.facebook.com/paige.winfield

Eight months ago, President Trump vowed to bring federal payments for some Medicare-covered drugs more in line with lower prices for the medicines in other countries. It was a move that struck many as especially aggressive for a GOP administration but meshed with Trump’s vow to lower the price of prescription drugs.
A proposed rule for the experimental international pricing index is being reviewed by the White House Office of Management and Budget as of Thursday, indicating the Department of Health and Human Services is finally moving forward on it after some delay.
via Washington Post.

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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.

Source: bit.ly politics big pharma rx drugs prescription drugs p2 elderly older americans seniors retirement retirees retirement crisis medicare healthcare health care prescription drug costs trump donald trump

“Prescription drug prices jumped 10.5 percent over the past six months, more slowly than during the same period last year but still four times faster than inflation, despite increasing pressure on drugmakers from the Trump administration and... — Prescription drug prices jumped 10.5 percent over the past six months, more slowly than during the same period last year but still four times faster than inflation, despite increasing pressure on drugmakers from the Trump administration and Congress.
However, the top drug brands in the U.S. saw prices rise by an average of only 3.1 percent over the past six months according to Bernstein analysts, who calculated the average based on which brands — usually the top-sellers — they cover.
via Politico.
**Related Reading:**
**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.

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

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.

Winners and Losers Under Medicare Drug Plan in Trump Budget

The Associated Press

Some Medicare beneficiaries would face higher prescription drug costs under President Donald Trump’s budget even as the sickest patients save thousands of dollars, a complex trade-off that may make it harder to sell Congress on the plan in an election year.
In budget documents, the administration said its proposals strike a balance between improving the popular “Part D” prescription benefit for the 42 million seniors enrolled, while correcting design flaws that increase program costs for taxpayers. Health and Human Services Secretary Alex Azar is expected to testify on the proposal later this week in Congress.
Trump has made bringing down drug costs a top priority, but his administration’s plan would create winners and losers. The high cost of medicines is the leading health care concern among consumers.
Independent experts said the administration’s plan will help beneficiaries with the highest prescription drug costs, an estimated 1 million of the sickest patients, those whose individual bills reach a total of more than $8,418 apiece.
But about 4.5 million seniors in the group just behind them could end up spending more of their own money. That’s because the budget proposes a change in how Medicare accounts for manufacturer discounts received by patients whose total bills range between $3,750 and $8,418. They could wind up paying about $1,000 more.
via New York Times.

Related Reading:

President Trump released an FY 2019 budget today proposing deep spending reductions for Medicare, Medicaid, Social Security Disability Insurance (SSDI), and myriad other federal programs that help older Americans, the poor, and people with disabilities.

Some $500 billion in Medicare spending reductions over ten years, most of which would affect providers and suppliers, but could potentially impact beneficiaries, too.

Source: bit.ly medicare health care politics budget donald trump trump earned benefits social insurance healthcare p2 older americans seniors Rx drugs prescription drugs social security congress alex azar

According to AARP, the annual average cost of prescription drugs overall increased nearly 60% between 2012-2017, while Oregonians’ income increased only 14.8%. In 2017, nearly one quarter of the state’s residents rationed pills or skipped medications altogether. Oregon seniors who have suffered the consequences of soaring drug prices shared their stories at the Portland town hall.

via Senator Wyden Headlines National Committee Town Hall on Rx Drug Pricing.

Source: bit.ly politics rx drugs prescription drugs seniors elderly older americans retirement retirees retirement crisis entitlements entitlement reform p2 healthcare health care oregon prescription drug costs congress republicans GOP democrats

“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 medicare healthcare health care earned benefits elderly older americans seniors retirement retirees retirement crisis entitlements entitlement reform p2 prescription drugs rx drugs prescription drug costs

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Medicare Must Be Allowed to Negotiate Drug Prices.

More you might like

Join us at 12:45pm EDT today as we discuss:

Watch the live broadcast by clicking here.

A new Democratic proposal is Trump's make-or-break moment on drug prices

Prescription Drug Prices a Top Priority for Congress After Summer Recess.

High prescription drug costs is a crisis for some seniors in America. We see some seniors cutting pills in order to save money which can be fatal.

We are asking Congress to allow Medicare to negotiate drug prices.

Sign our petition by clicking here.

The Health 202: White House is reviewing a new index to cut Medicare drug spending

Medicare Must Be Allowed to Negotiate Drug Prices.

Medicare Must Be Allowed to Negotiate Drug Prices.

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

Related Reading:

Winners and Losers Under Medicare Drug Plan in Trump Budget

President Trump released an FY 2019 budget today proposing deep spending reductions for Medicare, Medicaid, Social Security Disability Insurance (SSDI), and myriad other federal programs that help older Americans, the poor, and people with disabilities.

Options for Implementing Medicare Drug Negotiation.

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