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One year ago, we took on Big Pharma and Republican obstruction to pass the Inflation Reduction Act.
One of the key provisions I fought for required Medicare to negotiate the cost of medication with pharmaceutical companies on behalf of America’s seniors. I was thrilled to see it become law.
The Centers for Medicare & Medicaid Services just announced the first ten drugs they have selected for price negotiations. These medications treat cancer, diabetes, heart failure, and more — and in 2022, they cost seniors $3.4 billion in out-of-pocket costs.
This is a big step forward and our progress won't stop here. Over the next four years, Medicare will be empowered to negotiate the cost of up to 60 medications, and another 20 every year after that.
We’re putting the interests of Americans over corporate greed. It won’t just save our seniors billions of dollars — it will save lives.
Now, I’m fighting to ensure we can extend these medication price caps to all Americans.
No one should have to choose between food on the table or life-saving medication. You can join the coalition of Coloradans fighting to lower prescription drug costs by signing my petition here >> [[link removed]]
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Thank you!
Michael
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Bennet for Colorado
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