Posted by Michael Wonder on 20 Sep 2018
Non-profit takes on drug makers' lobbying on Medicare drug discount
19 September 2018 - A group seeking lower drug prices is launching new attacks on the pharmaceutical industry to stop them from nixing a policy that will require them to give steeper discounts for Medicare drugs.
The group Patients for Affordable Drugs Now released an ad on Tuesday highlighting the drug industry's attempts to cut a “backroom deal” with Congress to eliminate a provision of law that requires them to give a bigger discount for certain drugs covered under Medicare.
“The drug corporations are pushing for a rollback of good policy in order to pad their profit margins and make the rest of us foot the $4 billion bill,” said David Mitchell, the group’s founder, in a statement. “Both Congress and the public need to know and put a stop to it.”
