Repairing Potholes Shouldn’t Cost Seniors More at the Drugstore Counter | Business

WASHINGTON – (BUSINESS WIRE) – July 19, 2021–

the Chronic Disease Partnership (PFCD) issued the following statement in response to news that Congress may increase costs for Medicare beneficiaries to pay for an infrastructure proposal:

“Modernizing America’s infrastructure is a necessary and important effort, but should not be undertaken at the expense of chronically ill Medicare beneficiaries. Delaying or eliminating Part D reimbursement reforms aimed at reducing out-of-pocket expenses for the elderly at the pharmacy counter is not a defensible “pay” to fund infrastructure.

“Discount reforms are helping patients. Discounts reduce drug costs for insurers, but patients taking the drugs often do not receive discounts or other discounts. In 2019, discounts and other discounts on prescription drugs reduced drug spending by $ 175 billion 1, but drug costs for Medicare beneficiaries continue to rise.

“With the rebate reforms, Medicare beneficiaries would finally see their drug spending decrease at the pharmacy counter, as savings from rebates and other drug discounts must be shared with beneficiaries.

“Reducing out-of-pocket expenses improves treatment adherence, which in turn reduces overall health care costs and reduces the burden of disease. Improving human health and “human infrastructure” is at least as important to America’s long-term growth as physical infrastructure. “

The Partnership to Combat Chronic Disease (PFCD) is an international coalition of patient groups, providers, communities, businesses and workers, and health policy experts, committed to raising awareness of the main cause of death, disability and increased health care costs: illness.

1drugchannels.net/2020/08/the-gross-to-net-bubble-hit-175-billion.html

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CONTACT: Media contact:

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KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: MEDICAL SUPPLIES MANAGED CARE FOR SENIORS GENERAL HEALTH HEALTH CONGRESS NEWS / POINTS OF VIEW PUBLIC POLICY / GOVERNMENT PHARMACEUTICAL CONSUMPTION TRANSPORT CONSTRUCTION AND OWNERSHIP REFORM OF HEALTH CARE PUBLIC TRANSPORT TRANSPORTATION PUBLIC TRANSPORTATION HEALTH CARE SERVICES PUBLIC TRANSPORTATION PROFESSIONAL

SOURCE: Partnership to fight chronic disease

Copyright Business Wire 2021.

PUB: 07/19/2021 17:21 / DISC: 07/19/2021 17:21

http://www.businesswire.com/news/home/20210719005809/en

Copyright Business Wire 2021.

About Jonathan J. Kramer

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