Drug corporations have raked in more profits than other S&P 500 companies by price-gouging patients on everything from insulin to cancer drugs while millions of people go without medicines they need. President Biden and the 117th Congress passed historic reforms in the Inflation Reduction Act that finally enable Medicare to negotiate for lower drug prices, stop drug corporations from raising prices faster than inflation, and, for the first time, cap out-of-pocket costs for seniors and people with disabilities. Now it’s time to do the same for everyone else. People of all ages need affordable medicines to take care of themselves and their families. It’s time to end the monopoly power of drug corporations to set sky high launch prices and increase prices anytime they want. Everyone, no matter where they get their healthcare, what age they are or what kind of health conditions they have must have access to affordable prescriptions.
Lower Prescription Drug Prices
Biden’s Budget Offers Practical Solutions to Protect Medicare & Medicaid, Lower Costs and Make the Rich Pay Their Fair Share External Inbox
WASHINGTON -- In response to President Joe Biden’s new budget proposal, Health Care for America Now Executive Director Margarida Jorge released the following statement: President Biden’s budget offers a clear…
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Eli Lilly Lowers Insulin Prices in Response to Growing Pressure from Patients and President Biden
The largest domestic manufacturer of insulin, Indiana-based Eli Lilly, announced a 70% price reduction on its widely distributed insulin products that millions of Americans depend on to manage diabetes. The…
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