“The National Committee’s members and supporters applaud Hillary Clinton’s plan to create a consumer response team to identify and intervene in cases where drug manufacturers are hiking costs without justification. For too long America’s drug industry has been allowed to raise prices excessively for treatments that have been available for years. The recent EpiPen 400% price hike is just the latest example of companies putting profits ahead of patients. The sky-rocketing cost of prescription drugs is hurting average Americans, our health system and the federal budget.
This growing trend is especially harmful for seniors who spend a higher percentage of their income on healthcare costs and have seen their prescription drug costs grow exponentially in recent years. The Medicare Trustees report out-of-pocket costs, premiums and cost-sharing consumes 23 percent of the average Social Security check. This trend is devastating for America’s seniors.
This move, combined with Clinton’s early proposal to allow Medicare to negotiate drug prices and demand higher rebates for beneficiaries are important proposals which could make a real difference in the fiscal and physical health of millions of American seniors.” …Max Richtman, NCPSSM President/CEO
The National Committee, a nonprofit, nonpartisan organization acts in the interests of its membership through advocacy, education, services, grassroots efforts and the leadership of the Board of Directors and professional staff. The work of the National Committee is directed toward developing better-informed citizens and voters.
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