How I’m Working to Reduce Prescription Drug Costs | Waverly Logs

As the leading advocate for lower drug prices in the Senate, I dragged Big Pharma and Pharmacy Benefit Managers (PBM) leaders before Congress, led a two-year bipartisan investigation into lower drug prices insulin and advanced bipartisan reforms to reduce the cost of insulin and many other prescription drugs.

Over the past few years, the bipartisan legislation I have championed has saved taxpayers $9.6 billion. Despite opposition from Big Pharma, I am leading the Prescription Drug Pricing Reduction Act, a comprehensive, bipartisan drug pricing bill that would save taxpayers $95 billion and seniors $72 billion. It caps pharmaceutical drug increases to inflation, reduces out-of-pocket costs, and holds the pharmaceutical industry accountable.

Source link

About Alex S. Crone

Check Also

Americans’ use of prescription sleeping pills drops dramatically

Research we monitor After rising sharply for several decades, Americans’ use of prescription sleep aids …