Alliance for Retired Americans Issues Statement on Prescription Drug Prices
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"Drug price negotiation works for the
"The administration's approach consists largely of encouraging increased use of generic prescription drugs, increasing competition and creating nonspecific incentives for lower list prices. Medicare Part D's 20 most prescribed drugs have seen a 12 percent price increase, while another six saw hikes over 100 percent. We need strong actions that get to the root of the issue, not just rhetoric.
"Most seniors will not see any changes in what they are charged for their medicines if this plan is enacted. They need relief now, including what was promised during the 2016 campaign."
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