Prescription Drugs

• Medicare Limits Coverage of Aduhelm to Patients in Clinical Trials

  April 11, 2022: Citing data showing the new Alzheimer’s drug Aduhelm has serious safety risks and may not help patients, Medicare officials decided Thursday to limit coverage of the drug to patients in clinical trials. The decision is extremely unusual for Medicar...Read more >

• Alliance Praises House Passage of Legislation to Reduce the Price of Insulin

  April 04, 2022: The United States House of Representatives passed the Affordable Insulin Now Act, H.R. 6833, by a vote of 232-193 on March 31, capping the cost of insulin at $35 per month for all Medicare beneficiaries and many other Americans of all ages who need t...Read more >

• Retirees Praise Legislation to Reduce the Price of Insulin

  March 31, 2022: Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding House passage of H.R. 6833, the "Affordable Insulin Now Act.” “Seniors are applauding the House of Representatives for passing the Affordable Insu...Read more >

• Democrats Eye Plans to Substantially Drop the Price of Insulin

  March 28, 2022: Senate Democrats are proposing legislation to cap insulin prices at $35 a month, after previous attempts to reduce drug prices stalled in Congress. The cap would likely be combined with a bipartisan bill targeting pharmacy middlemen known as pharmacy...Read more >

• Senior GOP Sen. Grassley Tells Democrats to Pass Drug Price Legislation Now

  March 21, 2022: Sen. Chuck Grassley (R-Iowa) acknowledged during a Senate Finance Committee hearing Wednesday that it would be difficult to pass legislation lowering drug prices if his own party regains control of Congress following the 2022 midterm elections. He th...Read more >

• Generic Drug Manufacturer Announces Plans for Low-Cost Insulin

  March 14, 2022: Uninsured and underinsured Americans often pay the highest out-of-pocket costs for their medicine, forcing many to choose between purchasing the medicine they need and covering essential living expenses. However, the country’s first not-for-profit ...Read more >

• Nation Celebrates One Year Since American Rescue Plan Became Law

  March 11, 2022: Exactly one year ago, on March 11, 2021, President Biden signed the American Rescue Plan (ARP) into law to address the health and economic crises caused by the COVID-19 pandemic. Since then, this important legislation has been the cornerstone of the ...Read more >

• Key Senator Still Pushing for Legislation to Lower Drug Prices

  January 28, 2022: Senate Finance Committee Chairman Ron Wyden (OR) told Bloomberg News this week that a new version of the Build Back Better Act could be reintroduced with a focus on lowering prescription drug costs, expanding access to health care and increasing clea...Read more >

• Prices Jump 5% On More Than 450 Prescription Drugs to Start the Year

  January 10, 2022: Pharmaceutical corporations have already raised wholesale prices by a median of 4.9% on more than 450 prescription medicines in 2022, according to a new analysis by Stat. The industry is expected to hike more prices throughout January. In 2021, th...Read more >

• Retirees Applaud HHS Secretary Becerra’s Directive that CMS Reconsider 14% 2022 Medicare Premium Hike

  January 10, 2022: Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding reports that Xavier Becerra, Secretary of the U.S. Department of Health and Human Services, has ordered the Centers for Medicare and Medicaid Services (C...Read more >