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Yesterday, I spoke on the House floor on the importance of #HR3 the Lower Drug Costs Now Act and highlighted my constituent, Liz Phalen, a retired public servant and AFSCME member, who has been impacted by the high prices of prescription drugs. This bill is long overdue.pic.twitter.com/tl794oEoNP
The skyrocketing price of prescription drugs is crushing Americans at the pharmacy counter, driving up health insurance premiums, and creating unaffordable costs for taxpayers who finance Medicare and Medicaid.
The bill would finally provide Americans relief from skyrocketing drug prices by allowing the Secretary of Health and Human Services the tools to negotiate lower prescription drug prices.
It will also cap annual out-of-pocket costs in Medicare Part D and reverse years of unfair price hikes above inflation across thousands of drugs in Medicare.
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