83% of Older Voters Want Medicare to Negotiate Drug Prices, Says Survey by the Senior Citizens League

Mary Johnson, Policy Analyst

“Reopening the doughnut hole would most negatively impact the household budgets of the sickest Medicare patients,” Johnson notes.

An overwhelming majority of older voters want Congress to take action to slow sharply rising prescription drug costs, according to a recent survey by The Senior Citizens League (TSCL). Some 83 percent think Medicare should negotiate prescription drug prices for the Part D program. Another 69 percent think the government should prohibit deals that keep generic drugs off the market. “The public thinks Medicare should negotiate drug prices just like the agency does for all other medical goods and services,” says TSCL’s Medicare and Social Security policy analyst, Mary Johnson.

A complete repeal of the Affordable Care Act, known as Obamacare, instead threatens more than 43 million Medicare beneficiaries with sharply spiking drug costs. The 2010 health law includes benefits for Medicare Part D that cover prescription drugs, filling a costly coverage gap commonly referred to as the doughnut hole. “Reopening the doughnut hole would most negatively impact the household budgets of the sickest Medicare patients,” Johnson notes. “For people with limited…

Read the full article at foxnews.com…

Leave a Reply

Your email address will not be published. Required fields are marked *