Hillary Clinton’s Plan for Lowering Prescription Drug Costs. [Summery]
A typical senior on Medicare spends over $500 per year out of his or her own pocket on prescription drugs. And individuals with chronic health conditions or serious illnesses can spend thousands of dollars each year in out of pocket spending.
Americans are having a hard time paying the bill. “One of out every four people facing higher drug costs were also unable to afford medical bills or medications; one in five said they missed a payment on a major bill.”
In her 2008 campaign, she called for allowing Medicare to negotiate with drug companies to reduce prices and rein in costs.
- Her plan will demand a stop to excessive profiteering and marketing by denying tax breaks for direct-to-consumer advertising and demanding that drug companies invest in R&D in exchange for taxpayer support – rather than marketing or excessive profits.
- She will encourage competition to get more generics on the market and create a Federal backstop for when there are excessively high-priced drugs that face no competition.
- She will cap what insurers can charge consumers in out-of-pocket costs, putting money back in the family wallet. Monthly $250
- Require drug companies that benefit from taxpayers’ support to invest in research, not marketing or profits.
- Prohibit “pay for delay” arrangements that keep generic competition off the market.
- Allow Americans to import drugs from abroad – with careful protections for safety and quality.
- Allow Medicare to negotiate drug and biologic prices.
The efforts of Hillary Clinton as written here is Half Hearted efforts. Too much dancing with the words. No full explanation to the conditions people are in.
Not enough Hill. Do better Assasmant. Show some passion to fix it. Just a thought..