I’m writing to thank Congressman Brian Fitzpatrick for his yes vote on H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act.
The bill would allow Medicare to negotiate with drug companies for lower prices. This is a long overdue reform to Medicare Part D. Medicare patients need relief from high drug prices. In my own experience, my savings for retirement were severely depleted over the years by prescription medications.
I have advanced Crohn’s disease, and have spent a small fortune to pay for the medications prescribed to me by my doctors. I tried many of the new “cures” for this disease that did not work for me, despite the heavy advertising that some received on television. It wasn’t until I was 82 that I was prescribed a drug that allows me to live without experiencing a good deal of anxiety every day. It costs me about $1,000 per year.
Mr. Fitzpatrick is on the right track to vote for this bill allowing Medicare to negotiate with drug companies for lower prices.
The Lower Drug Costs Now Act would not only benefit Medicare patients. Because the price negotiated by Medicare would also be available to private healthcare plans, people outside of Medicare would see their costs go down. The federal government would save about half a trillion dollars over 10 years if the bill became law.
Some of those considerable savings would go to the National Institutes of Health to fund research and development of new drugs. Some of the savings would be used to expand Medicare benefits to include dental, hearing, and vision care.
Thanks again to Congressman Fitzpatrick for voting to reduce the burden of skyrocketing drug prices faced by seniors and thousands of families in the county who are financially devastated under the present system.