Americans 65+ Shouldn’t Pay More for Prescription Drugs

July 31, 2020

On Friday, July 24th, the President signed an executive memorandum instructing the U.S. Department of Health and Human Services (HHS) Secretary to finalize the drug pricing “rebate rule”. Experts previously found that the rebate rule will increase Medicare drug coverage premiums for all seniors by 25% and give Big Pharma another $100 billion bailout. If implemented, the rebate rule could raise Medicare drug coverage and Medicare Advantage premiums – forcing Americans 65+ and people with disabilities to pay more so Big Pharma can make more in profit. Americans 65 + deserve better services, better access to care, and better value.

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