America's Health Insurance Plans Statement: Seniors Will Benefit From Delaying Rebate Rule's Effective Date to 2023 Plan Year
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Every American deserves access to affordable, comprehensive health coverage and high-quality care, including access to affordable prescription drugs. For too long, millions of Americans have faced out-of-control drug prices--prices which are set and controlled solely by drug makers.
That's why we strongly support the stipulation between the
Instead of further lining the pockets of Big Pharma, health insurance providers support real solutions to address outrageous drug prices: increasing competition, expanding access to generic drugs, and ending patent abuse. Those are the solutions that Americans need and deserve.
We are encouraged by this important first step in ensuring this bad policy does not go into effect. The delay will provide a much-needed pause to allow the Administration ample opportunity to better understand the rebate rule's harmful impact on millions of Americans. While we continue to urge full withdrawal of the prior Administration's rule, this delay will allow Medicare Part D plans in 2022 to provide the benefits and premiums seniors have come to expect.
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