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Oct. 10: Day of Action to lower prescription drug costs

Posted Oct. 9, 2019 by

While OCSEA union members enjoy a reasonable and affordable prescription drug plan, prescription drugs are one of the major reasons so much of our health care is becoming unaffordable.

Many of us at least know someone—a neighbor or elderly family member--who struggles to pay for their medication. Retirees and the elderly in particular, are hit hard by runaway drug prices, which also creates a burden on taxpayers like us who finance Medicare and Medicaid.

However, it’s not a lost cause, and something can be done about it

A Day of Action to Lower Drug Prices Now will take place tomorrow Oct. 10. 

HR 3, the Lower Drug Costs Now Act passed by the U.S. House of Representatives, would allow the federal government to negotiate prescription drug prices and pass those prices on to those in the private sector, stop price hikes, create a limit on out of pocket spent on prescription drugs for retirees and impose penalties on companies that fall out of line.

“For too long, politicians have given pharmaceutical companies a free license to take advantage of working people and retirees,” AFSCME President Lee Saunders said in a statement. “Every year, these companies rake in billions of dollars in profits for their CEOs and shareholders by price-gouging consumers. Meanwhile, millions of Americans report skipping dosages or outright forgoing medication because of exorbitant costs.”

Read more about how the bill will help retirees on Medicare and federal insurance who are victims to the whims of drug company CEOs who are cheating consumers with unregulated pharmaceutical costs.

Retirees shouldn’t have to portion their drugs or make a choice between their prescriptions or their rents.

Go HERE to learn more about a new national campaign called Lower Drug Prices Now and some actions taking place on October 10.