Prescription Drugs

• Senate Votes to Harm Older Americans’ Health and Financial Security to Reward Billionaires With Massive Tax Cuts

  July 01, 2025: Deep Cuts to Medicaid and SNAP Will Put Most Vulnerable Seniors at Risk The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding the Senate Budget Resolution: “The legislation pas...Read more >

• New Fact Sheet: Threats to Retirees in House Budget Package

  May 30, 2025: This week, the Alliance released a new fact sheet detailing how the Republican budget, recently passed in the House of Representatives, will be harmful for seniors. The One Big Beautiful Bill Act (H.R. 1) will slash $490 billion from Medicare and ...Read more >

• Drug Industry Quietly Funds “Patient Advocacy” Groups to Fight Medicare Drug Price Negotiations

  May 23, 2025: A new investigation by Patients for Affordable Drugs (P4AD) has uncovered a troubling tactic used by the pharmaceutical industry to protect profits and keep drug prices high: secretly funding so-called “patient advocacy” groups. The report pro...Read more >

• Retirees Congratulate Jan Schakowsky on Exceptional Career in Congress

  May 09, 2025: Rep. Jan Schakowsky (IL) announced on Monday that she will not seek another term in Congress. She has represented Illinois’ 9th congressional district since 1999. Following the announcement, the Alliance thanked her for always fighting for seniors....Read more >

• Alliance for Retired Americans Urges Senate to Reject Robert F. Kennedy Jr. as Secretary of Health and Human Services

  January 30, 2025: Alliance for Retired Americans leader Richard Fiesta released the following statement today regarding Robert Kennedy, Jr.’s nomination for Secretary of Health and Human Services (HHS). “During his confirmation hearings, Mr. Kennedy demonstrate...Read more >

• KFF Health News: The Growing Inequality in Life Expectancy Among Americans

  January 22, 2025: The life expectancy among Native Americans in the western United States has dropped below 64 years, close to life expectancies in the Democratic Republic of the Congo and Haiti. For many Asian Americans, it’s around 84 — on par with life expectan...Read more >

• 15 New Drugs Selected for 2025 Medicare Price Negotiation

  January 17, 2025: On Friday, The Department of Health and Human Services (HHS) released a list of 15 new prescription drugs that Medicare will negotiate lower prices for. Under the law, HHS is required to negotiate a specific number of drugs each year. The list con...Read more >

• Out-of-Pocket Cap Expected to Save Medicare Beneficiaries More than $7 Billion in 2025

  January 17, 2025: A new analysis indicates that the Inflation Reduction Act’s $2,000 cap on annual out-of-pocket prescription drug costs – which kicked in this year – will result in significant savings for seniors. About 11 million Americans with Medicare are ex...Read more >

• KFF Health News: Biden Administration Bars Medical Debt From Credit Scores

  January 08, 2025: The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President Joe Biden is set to leave office. The rules ...Read more >

• KFF Health News: In Year 7, ‘Bill of the Month’ Gives Patients a Voice

  January 02, 2025: In 2024, our nationwide team of gumshoes set out to answer your most pressing questions about medical bills, such as: Can free preventive care really come with add-on bills for items like surgical trays? Or, why does it cost so much to treat a ratt...Read more >