#Politics From #NYTimes: #Biden administration announces first ten drugs selected for #Medicare price reduction.
I'm on Xarelto, which made the list. It's $400 every three months. 😊
A reminder that congressional Republicans voted against lowering drug prices for seniors. 🤬
https://www.nytimes.com/2023/08/29/us/politics/medicare-drug-pricing-negotiations.html
"Republicans in Congress opposed authorizing Medicare to negotiate prices, criticizing the move as tantamount to imposing government price controls. Beyond Mr. Biden, other Democrats up for re-election next year have also sought to highlight the program as a major achievement."
@WordsmithFL Stephen, I hope you save money. Life is short, don't forget to do something cool with some of the savings. ☮️
@MidnightRider My doctor put me on Xarelto a couple years ago after I got a stent. I've complained about the cost, but no generic is available.
As the average life span continues to expand, this will be increasingly important to those who are eligible for Medicare.
I expect this to be a big deal in the 2024 election, since all congressional Republicans opposed it. Not to mention repealing Roe V. Wade ...
"The negotiation program is projected to save the government an estimated $98.5 billion over a decade. It is also expected to eventually reduce insurance premiums and out-of-pocket costs for many older Americans, though the magnitude of those savings remains to be seen."