Tags: John McCain | Trump Administration | john mccain | trump | drug prices

Sen. John McCain Urges Trump to Take Action on Drug Prices

Sen. John McCain Urges Trump to Take Action on Drug Prices
(Drew Angerer/Getty Images)

By    |   Monday, 12 February 2018 02:31 PM

Sens. John McCain, R-Ariz., and Tammy Baldwin, D-Wis., on Monday urged the Trump administration to take action to combat the rising cost of prescription drugs. 

"We write to urge you to make good on your promise and make fixing the problem of high drug prices a top priority for you and your administration," the senators wrote in a letter to the president.

"Prescription drugs represent the highest out-of-pocket health care expense for Americans and we have heard from countless constituents who are struggling to afford their medications that they have relied on for years," the senators wrote.

McCain and Baldwin are offering the FAIR Drug Pricing Act, a bill that would mandate drug makers to justify prices and present explanations before raising drug prices.

"You promised to take on drug prices as your top priority, so we urge you to call on leadership in Congress to take up and pass our bipartisan legislation," the senators wrote to Trump.

"This will provide taxpayers, consumers, and policymakers with more information, including research and development, marketing, and advertising costs.

"Drug companies are making lifesaving treatments unaffordable and are forcing families, seniors, taxpayers, and our health care system to continue to foot the bill for these price increases with no systematic transparency," they added.

"It is clear that the market is broken."

The White House on Friday released a report recommending changes that would affect drug costs. A spending bill passed Friday included a provision to accelerate the close of a Medicare payment gap for prescription drugs, The New York Times reported. 

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Sens. John McCain, R-Ariz., and Tammy Baldwin, D-Wis., on Monday urged the Trump administration to take action to combat the rising cost of prescription drugs.
john mccain, trump, drug prices
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2018-31-12
Monday, 12 February 2018 02:31 PM
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