FOR IMMEDIATE RELEASE
Tuesday, August 29, 2023
WASHINGTON, D.C. – In response to today’s Biden Administration announcement on the first 10 prescription drugs that Medicare is able to negotiate, For Our Future Executive Director Sky Gallegos issued the following statement.
“Medicare’s ability to negotiate prescription drug prices is a tangible example of how the Inflation Reduction Act is lowering costs and how President Biden is delivering on his promises to make health care more affordable.
“Seniors should not have to choose between putting food on the table and life’s other necessities, and taking their prescription medication. However, last year, these 10 prescription drugs alone – which treat diabetes, heart disease, cancers, and more – cost seniors on Medicare $3.4 billion in out-of-pocket costs. Thanks to the Inflation Reduction Act, we are lowering these drug costs and seniors all across the country can breathe a sigh of relief.
“The harsh reality is, this was made possible by President Biden and Democrats in Congress despite congressional Republicans in Congress, who voted unanimously against this cost-lowering, life-saving legislation.”