Big Pharma CEOs Rake in $1.57 Billion in Pay

By Ethan Rome – Executive Director, Health Care for America Now For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here’s another … Continue reading

TAKE ACTION: Congress needs to know that you’re furious.

The Republicans in Congress need to know that you’re furious over their refusal to do their jobs. Write to your congressperson and tell them to repeal the sequester today. Last week, Congress took rapid action to end furloughs of government … Continue reading

The Hill: Dems take on pharmaceutical industry in push for Medicare cuts

Congressional Democrats ratcheted up a years-long feud with the pharmaceutical industry Tuesday as they proposed significant cuts in Medicare’s payments to drug companies. Read the full story here.

In Stunning Development, Key Economic Study Often Cited by Deficit Hawks Revealed to Be Erroneous

A study often cited by budget hawks who advocate reducing the federal budget deficit by cutting Social Security, Medicare and Medicaid has been shown to contain egregious errors that undermine the validity of its findings – and may reshape the … Continue reading

Rockefeller to File Bill to Protect Seniors, Families From Drug Co. Price-Gouging

Washington, DC – Here is a statement from Ethan Rome, executive director of Health Care for America Now, on the bill to be filed by Senators Jay Rockefeller (D-WV), Tammy Baldwin (D-WI),  Angus King (I-ME) and Richard Blumenthal (D-CT) to … Continue reading

Pfizer, Merck Star in Corporate Tax-Dodger Trading Cards

In honor of Tax Day 2013, pharmaceutical companies Pfizer and Merck are getting special attention for their skill at skipping out on paying their fair share of taxes. The two huge companies are among 10 highlighted in a series of … Continue reading

President Obama’s Budget Proposal

The Good News: It Begins to End Big Pharma’s Price-Gouging of Seniors and Taxpayers The Bad News: It Includes GOP Proposals to Cut Social Security Benefits, Make Seniors Pay More for Medicare and Let Corporations Off the Hook Washington, DC … Continue reading

RT: Big Pharma made $711 bln overcharging seniors and disabled

The 11 largest drug companies have made $711 billion in profits in just a decade, largely due to overcharging Medicare, which does not seek out competitive prices and uses taxpayer funds to support Big Pharma. Since Medicare is prohibited from … Continue reading

Progressives Deliver Petition With 2 Million Names in Opposition to Proposed Social Security Cuts

Representatives of HCAN and many other progressive groups gathered outside the White House today to deliver a petition with the signatures of more than two million people opposed to a Obama administration proposal to cut future Social Security payments to … Continue reading

Wall Street Journal: Top 11 drug firms made $711 billion in last decade, report points out

The world’s top 11 drug makers made more than $711 billion in net profits over the last decade, according to a study from Health Care for America Now, or HCAN, a group promoting the health-care overhaul effort and self-described protector … Continue reading