Prescription Drugs

• New Report Shows Drug Price Hikes for 7 Medicines Were “Unjustified” and Cost Billions

  November 30, 2021: According to a new report from the Institute for Clinical and Economic Review, prescription drug increases for seven out of 10 medications cost $1.7 billion last year. Researchers also determined that these seven price hikes were “unsupported,” m...Read more >

• House Passes Historic Build Back Act that Lowers Drug Prices, Funds Home Care and Hearing Aids

  November 22, 2021: The House voted 220-213 to pass the Build Back Better Act, H.R. 5376, Friday morning, sending President Biden’s sweeping plan to invest in middle class families and expand long-awaited social programs to the U.S. Senate. The bill contains numerous ...Read more >

• Retirees Applaud House Passage of Build Back Better Act that Lowers Drug Costs, Funds Home Care, Adds Guaranteed Hearing Benefit to Medicare

  November 19, 2021: Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding passage of President Biden’s Build Back Better Act, H.R. 5376, in the U.S. House: “The Alliance for Retired Americans applauds the House passage o...Read more >

• Public Opinion Is Unified on Lowering Drug Prices. Why Are Leaders Settling for Less?

  November 18, 2021: Democrats and Republicans are crystal clear in polls that they want government to be allowed to negotiate down high drug prices. Americans pay nearly three times as much for drugs as patients in dozens of other countries. In the past two years, num...Read more >

• Build Back Better Act Clears Procedural Vote in House, Awaits Next Steps

  November 15, 2021: Following the passage of the bipartisan infrastructure bill on Friday, November 5, Democrats in Congress passed a key procedural vote to set up eventual passage of the Build Back Better Act, H.R. 5376, as they worked toward securing commitments from ...Read more >

• Despite Restraints, Democrats’ Drug Pricing Plan Could Still Aid Consumers

  November 05, 2021: The Medicare prescription drug pricing plan Democrats unveiled this week is not nearly as ambitious as many lawmakers sought, but they and drug policy experts say the provisions crack open the door to reforms that could have dramatic effects. Tamp...Read more >

• Retirees Welcome Addition of Medicare Drug Negotiation to Build Back Better Legislation

  November 02, 2021: Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans on the New Drug Negotiation Plan Announced Today: “Older Americans are better off today than they were yesterday and the pharmaceutical industry’s monopoly p...Read more >

• President Biden Unveils Framework for Build Back Better Bill

  November 01, 2021: On Thursday, President Biden travelled to the Capitol to present a new outline of a framework of a broad legislative package that will provide support to millions of American families. Congress and the White House have spent weeks hammering out a dea...Read more >

• Alliance Members Speak Out for Drug Price Negotiation and Expanded Medicare Benefits

  October 12, 2021: On Wednesday, October 6, a group of health care advocates including the Florida Alliance (FLARA), medical professionals, and faith leaders held a virtual event urging Rep. Stephanie Murphy (FL), another House Democrat who has opposed drug price negot...Read more >

• Drug Corporations Kick Lobbying into High Gear to Stop Medicare Drug Price Negotiation

  October 12, 2021: Millions of dollars in advertising, funded by pharmaceutical corporations and business organizations, are being spent to block President Biden’s Build Back Better plan, and the provision allowing Medicare to negotiate lower drug prices and expand b...Read more >