HARRISBURG, PA — AARP Pennsylvania leaders recently joined AARP state directors and volunteers from 33 states in Washington, D.C. to advocate for passage of federal legislation to lower prescription drug prices.
“The average annual cost of prescription drug treatment increased 57.8% between 2012 and 2017, while the annual income for Pennsylvanians only increased 10.4%,” said AARP Pennsylvania State Director Bill Johnston-Walsh. “Today, we called on Pennsylvania’s Senators and members of Congress to enact popular, bipartisan, commonsense solutions that will provide long overdue relief not just for older adults, but all Americans. It’s time to address the root cause of the problem: the outrageously high list prices set by drug manufacturers.”
The state AARP leaders met with Pennsylvania U.S. Senators Bob Casey and Pat Toomey and Representatives Matthew Cartwright, Mike Doyle, Connor Lamb and Guy Reschenthaler, and asked them to vote for federal legislation that would lower drug prices. AARP has said four principles need to be included in any bill: a cap on out-of-pocket costs for seniors, a crackdown on drug prices and price increases, an increase in competition, and greater transparency.
In addition, AARP Pennsylvania is supporting state legislative reforms that address the high price of prescription drugs, including:
- Limiting insurance copayments for expensive specialty tier drugs.
- Establishing the state’s first-ever Prescription Drug Pricing Task Force.
- Requiring pharmaceutical companies to provide justifications for price increases to state officials.
- Exclude veterans benefits from PACE and PACENET income limits.
- Excluding savings bond principal and interest from PACE and PACENET income limits.
- Excluding a Social Security cost-of-living increase from PACE and PACENET program income limits.
To learn more about AARP’s state and federal efforts to lower prescription drug prices, visit www.aarp.org/rx.
Source: AARP Pennsylvania
Thanks for visiting! MyChesCo brings reliable information and resources to Chester County, Pennsylvania. Please consider supporting us in our efforts. Your generous donation will help us continue this work and keep it free of charge. Show your support today by clicking here and becoming a patron.