Prescription Drugs

• 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 >

• America’s Work Force Union Podcast: Medicare Drug Price Negotiations Continue to Impact Retirees

  September 15, 2023: September 15, 2023 Alliance Executive Director Rich Fiesta joined the America’s Work Force Union Podcast to discuss the fight for Medicare to negotiate prescription drug prices, the impact on retirees and the need for Social Security expansi...Read more >

• Alliance Members Spread the Word about the Benefits of Medicare Drug Price Negotiation

  September 07, 2023: Days after the Biden-Harris administration unveiled the list of 10 prescription drugs that will be subject to Medicare price negotiation, Alliance members across the country joined elected leaders and Cabinet officials to inform older Americans about...Read more >

• White House Announces First 10 Drugs Up for Medicare Price Negotiation

  September 01, 2023: On Tuesday, the Biden-Harris administration unveiled a list of the 10 prescription drugs that Medicare will negotiate lower prices for with drug corporations. The list has several drugs that many seniors use, including Eliquis and Xarelto, which a...Read more >

• Retirees Applaud Release of the First Ten Drugs That Medicare Will Negotiate Prices For With Drug Corporations

  August 29, 2023: Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans on the Centers for Medicare and Medicaid Services’ release of the first ten drugs that will be subject to price negotiation. “It’s a landmark day for older...Read more >

• White House to Name First 10 Drugs for Medicare Negotiations Next Week

  August 25, 2023: The Biden-Harris administration plans to unveil the first 10 drugs selected for Medicare price negotiations Tuesday, in a milestone in the president’s plan to lower the price of prescription drugs. Democrats in the House and Senate passed legisl...Read more >