Prescription Drugs

• Trump-Vance: Another Step Toward Retirement Insecurity

  July 15, 2024: Selection of J.D. Vance as Vice Presidential Nominee Deepens Fears that Trump Would Cut Social Security, Medicare Richard Fiesta, Executive Director of the Alliance for Retired Americans, released the following statement regarding Donald Trump’s...Read more >

• KFF Health News: Lack of Affordability Tops Older Americans’ List of Health Care Worries

  July 11, 2024: What weighs most heavily on older adults’ minds when it comes to health care? The cost of services and therapies, and their ability to pay. “It’s on our minds a whole lot because of our age and because everything keeps getting more expens...Read more >

• State of the Union: Retirees Call on President Biden to Continue Lowering Prescription Drug Prices and Keeping Social Security and Medicare Cuts off the Table

  March 07, 2024: The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding President Biden’s State of the Union address: “Tonight President Biden told the American people that the state of the Uni...Read more >

• KFF Health News: The FTC Is Attacking Drugmakers’ ‘Patent Thickets’

  February 01, 2024: The Federal Trade Commission has challenged the validity of over 100 drug product patents, focusing on devices used to deliver medicines, like inhalers and autoinjectors, in an effort to increase competition and potentially lower some prices. The ...Read more >

• Fact Sheet: The Inflation Reduction Act and Prescription Drug Prices

  January 30, 2024: One in four people over the age of 65 report not taking at least one prescription drug as prescribed due to its cost. Meanwhile, pharmaceutical corporations are making record profits, lining the pockets of their executives and shareholders while pati...Read more >

• Pharmaceutical Corporations Expected to Raise Prices on Over 500 Drugs This Month

  January 05, 2024: Some of the largest American pharmaceutical companies, including Pfizer, Sanofi, and Takeda Pharmaceutical, plan to raise prices on over 500 drugs starting this month according to data analyzed by healthcare research firm 3 Axis Advisors. The price h...Read more >

• Lower Insulin Prices, Out-of-Pocket Cost Caps for Medicare Beneficiaries Kick Off 2024

  January 05, 2024: Medicare beneficiaries will see a wide array of cost-saving benefits in the new year. Thanks to the Biden Administration, seniors will continue to pay no more than the monthly cap of $35 for insulin, and vaccines under Part D will be free. Going f...Read more >

• Statement by Retiree Leader Richard Fiesta on House Speaker Mike Johnson’s Plan for a Debt Commission

  October 25, 2023: The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding Speaker Mike Johnson's record of voting against older Americans’ best interests and his announcement that he plans to create a...Read more >

• KFF Health News: Trump Misplaced Blame When He Said Drug Shortages Were Biden’s Fault

  October 12, 2023: “Under ‘Crooked Joe’ Biden, there has been a catastrophic increase in shortages of essential medicines.” -  Former president and current Republican presidential candidate Donald Trump, in a July 24 campaign video In a recent campaign vi...Read more >

• KFF Health News: Save Billions or Stick With Humira? Drug Brokers Steer Americans to the Costly Choice

  September 21, 2023: Tennessee last year spent $48 million on a single drug, Humira — about $62,000 for each of the 775 patients who were covered by its employee health insurance program and receiving the treatment. So when nine Humira knockoffs, known as biosimilars, ...Read more >