Negotiating Drug Prices Will Help Seniors on Medicare, Says AARP
There is no greater issue affecting the pocketbooks of people on Medicare than the skyrocketing costs of the medicines they need. Thanks to Rep. Hakeem Jeffries’ (D-Brooklyn) leadership, there is an historic deal pending in Congress that would finally allow Medicare to negotiate directly with manufacturers for the price of some prescription drugs.
The deal would save both seniors and taxpayers billions of dollars on prescription drugs—and better ensure that Americans are paying fair prices for the medications we need. It’s outrageous that we have to pay three times what people in other countries pay for the same medicine.
The deal includes three key proposals: