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Readers reply: Schrader’s file on Medicare

I’ve at all times been a passionate supporter of decreasing prescription drug costs. In Congress, I’ve persistently gone after unscrupulous…

By Staff , in Medicare , at May 4, 2022


I’ve at all times been a passionate supporter of decreasing prescription drug costs. In Congress, I’ve persistently gone after unscrupulous pharmaceutical corporations which have tried to make the most of customers, particularly seniors. I’ve backed practically a dozen payments to go after the businesses which have enacted exorbitant value hikes, tried to govern the patent course of, blocked generics from {the marketplace} and brought unfair kickbacks.

Too many Oregonians are struggling to maintain up with the rising price of pharmaceuticals. That’s why I’ve at all times been in favor of permitting Medicare to barter prescription drug costs to decrease prices for our seniors, particularly these on fastened incomes. The U.S. Division of Veterans Affairs does it and plenty of states, together with Oregon, enable Medicaid to barter drug value purchases to scale back prices for low-income Oregonians. So why not enable Medicare to do the identical?

I voted twice to advance a invoice to permit Medicare prescription drug value negotiations. It went nowhere within the Senate. So, I drafted a brand new invoice that not solely allowed prescription drug value negotiations, but in addition didn’t stifle the event of latest medication coming to {the marketplace} and will truly move the Senate. This laws additionally restricted the value of insulin to $35/mo and restricted yearly out of pocket prices to seniors to not more than $2000. I’m proud to say this handed the Home of Representatives final yr. Let’s get it carried out for our mother and father and grandparents now.

Kurt Schrader

Schrader, a Democrat, represents Congressional District 5 within the U.S. Home of Representatives.



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