Everyone should urge Congress to safeguard Social Security and Medicare during the present negotiations on the 2014 federal budget, and Congress should pass the Medicare Prescription Drug Price Negotiation Act of 2013.
The bills in the Senate (S.117) and in the House (H.R.1102) would direct the Secretary of Health and Human Services (HHS) to negotiate with pharmaceutical manufacturers the prices that may be charged to Medicare Part D prescription drug plan sponsors and Medicare Advantage organizations for covered Part D drugs. Medicare would save up to $156 billion over 10 years while reducing health care costs of seniors.
Congress should also pass The Preserve Access to Affordable Generics Act (S.214), which would help put an end to the practice of brand-name drug manufacturers using pay-for-delay agreements to keep more affordable generic equivalents off the market and help make sure consumers have access to the cost-saving generic drugs they need.
Also, our elected representatives need to re-introduce and pass the Pharmaceutical Market Access and Drug Safety Act of 2011 or a similar bill that would allow U.S.-licensed pharmacies and drug wholesalers to import Federal Drug Administration-approved medications from countries with tough safety standards.
To learn more about the importance of protecting Social Security and Medicare and reducing the cost of prescription drugs, read the National Retiree Legislative Network’s whitepapers at www.nrln.org/_pvtflyin.html or contact the NRLN at email@example.com or toll free at 866-360-7197.