Today, President Joe Biden will speak from the White House regarding his administration’s efforts to lower healthcare costs. The Department of Health and Human Services announced progress in negotiations with the Centers for Medicare & Medicaid Services (CMS) responding to counteroffers from all manufacturers participating in Medicare drug price negotiations
“The Inflation Reduction Act is making prescription drugs more affordable for women with Medicare,” said HHS Secretary Xavier Becerra. “Now that we are negotiating directly with pharmaceutical manufacturers to bring down the price of prescription drugs for people on Medicare, there will be even more savings in the future.”
CMS Administrator Chiquita Brooks-LaSure said, “CMS is proud to be negotiating in good faith with drug manufacturers to lower the prices of some of the most expensive drugs for people with Medicare.”
As the Lord Leads, Pray with Us…
- For Secretary Becerra and Administrator Brooks-Lasure as they oversee prescription price negotiations.
- For Americans who are experiencing the challenges of cost of living increases and the high price of medications.
- For discernment for the president and healthcare policy advisors as they engage pharmaceutical manufacturers regarding prices.
