From Bloomberg, “Two-year campaign opposing cost-saving plans featured secret payments, a widely criticized consultant’s report and celebrity drug cops.”
From The Patch, “U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey’s only member of the tax-writing House Ways and Means Committee, offered his support for landmark legislation to significantly lessen the burden of high drug costs on the American people. The Elijah E. Cummings Lower Drug Costs Now Act (H.R.3) would give Americans a better, fairer deal on prescription drug prices by permitting Medicare to negotiate with pharmaceutical companies for lower, market-rate prices.”
From the Campaign for Personal Prescription Importation: “Americans struggling to pay skyrocketing high drug prices do not have the luxury of time. Many people are forced to find a way to access their medications now. “
On the evening of Thursday, October 17th, Nancy Pelosi’s sweeping drug pricing bill was passed on a vote of 30 to 22. CNBC news states “The main thrust of Pelosi’s bill will allow Medicare to negotiate lower prices on as many as 250 of the most expensive drugs per year and apply those discounts to private health plans across the U.S. The bill also includes a penalty on drug makers that refuse to negotiate or fail to reach an agreement with the U.S. government, starting at 65% of the gross sales of the drug in question.”
From Fox News: “The cost of prescription drugs is way too high. Tracy Bush, a 45-year-old mother and an active and accomplished food allergy blogger from Pfafftown, North Carolina, knows this firsthand. Tracy always has two EpiPens on her. Her son, age 17 now, carries another. This practice began when he was diagnosed with serious allergies as a 2-year-old. This is life for Tracy, and for thousands of other parents across America.
But when a drug company charges $1,819.08 for three EpiPen two-packs – and the medicine in the device costs only a few dollars – alarm bells go off.
Since 2008, the price of EpiPens has skyrocketed by over 400 percent. Over the same time period the CEO of Mylan Pharmaceuticals, the maker of EpiPen, saw her salary go from $2.4 million to $18.9 million – a 671 percent increase. Tracy has felt the impact. Over the course of nine years, she saw a two-pack go from $146 to over $600.”
From the Washington Post: “Congress is working on legislation to shield American patients from steep medical bills. But that’s only one piece of the puzzle for cancer patients and their families, who face financial burdens far beyond just the costs of care.
Cancer patients may have to quit their job while undergoing treatment. They may have to travel out of state to see specialists. They may have to follow a special, more expensive diet. The burdens can be augmented for parents of children with cancer, placing huge stress on the entire family.
That’s why Grammy-winning band Imagine Dragons has created a foundation specifically to provide nonmedical assistance to families dealing with a pediatric cancer diagnosis.“
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