John,

Senator Ron Wyden, the powerful chair of the Senate Finance Committee, just released a new set of bold principles ahead of forthcoming legislation to lower prescription drug prices. These principles represent a road map for taking on the greed of pharmaceutical corporations and lowering drug prices for all Americans!

SIGN NOW: The Senate must pass Sen. Wyden’s bold drug pricing principles into law!

Sen. Wyden makes it clear that we need real reforms, not tinkering around the edges that preserves pharma profits at the expense of sick Americans. The principles state that:

1. Medicare must negotiate fair prices
2. Those prices must be available to all Americans
3. Those prices can’t increase faster than inflation
4. Americans have to actually pay less at the pharmacy
5. Public investment in R&D has to mean that the public doesn’t then pay again with high prices

These principles are simple, measurable, and powerful. They reverse the current relationship between Medicare and Big Pharma, which forbids Medicare to push back on prices set by greedy pharmaceutical corporations. Then the savings Medicare is able to bargain are passed along to every American.

Senate Democrats must use the next reconciliation package to pass a bold drug pricing plan into law. Millions of seniors, people with disabilities, and families are in desperate need of lower drug prices. Nearly half of patients have failed to fill a prescription due to high prices.

Not only is lowering drug prices a moral imperative, it’s a political necessity. Seventy-seven percent of voters, including 70 percent of Republican voters, want the government to do more to reduce the prices of prescription drugs. In 2020, Democrats won control of Congress by making lower drug prices a centerpiece of their platform. If they want to maintain power in 2022, they must keep that promise.

ADD YOUR NAME: Tell the Senate to pass Sen. Wyden’s bold drug price principles into law!

Thanks,

Michael Phelan
Social Security Works