Rep. Cartwright Votes to Pass the Lower Drug Costs Now Act
Washington, DC,
December 12, 2019
Today, U.S. Representative Matt Cartwright (PA-08) voted to pass H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act, in the House, landmark legislation to strengthen the health and financial security of America’s seniors and families struggling under the weight of skyrocketing prescription drug prices. Currently, U.S. drug prices are nearly four times higher on average than other developed nations. And for certain prescription drugs, Americans pay as much as 67 times more than consumers in other nations (learn more). The Lower Drug Costs Now Act would give Medicare the power to negotiate with drug companies to secure lower prices for Medicare beneficiaries and Americans with private insurance. “The cost of prescription drugs has spiraled out of control, and it’s forcing many Americans to make difficult choices between paying for their medicine or other basic needs,” said Rep. Cartwright. “This landmark legislation will help reduce the financial strain that big drug companies’ price-gouging practices have inflicted upon millions of Pennsylvania families. The Lower Drug Costs Now Act is a momentous step towards making health care more affordable in our state.” In Pennsylvania, there are 2.1 million people enrolled in a Medicare Part D plan and 7.4 million people enrolled in private health insurance – all of whom stand to benefit from the passage of the Lower Drug Costs Now Act. The Lower Drug Costs Now Act would:
More information on H.R. 3 can be accessed here. |