Lower Prescription Drug Prices

Drug corporations have raked in more profits than other S&P 500 companies by price-gouging patients on everything from insulin to cancer drugs while millions of people go without medicines they need. President Biden and the 117th Congress passed historic reforms in the Inflation Reduction Act that finally enable Medicare to negotiate for lower drug prices, stop drug corporations from raising prices faster than inflation, and, for the first time, cap out-of-pocket costs for seniors and people with disabilities. Now it’s time to do the same for everyone else. People of all ages need affordable medicines to take care of themselves and their families. It’s time to end the monopoly power of drug corporations to set sky high launch prices and increase prices anytime they want. Everyone, no matter where they get their healthcare, what age they are or what kind of health conditions they have must have access to affordable prescriptions.