WASHINGTON, D.C. — President Biden, Rep. Abigail Spanberger, and Secretary Xavier Becerra today highlighted how the drug pricing reforms in the Build Back Better Act will help millions of Americans afford their medicines. On behalf of patients, David Mitchell, a cancer patient and founder of Patients For Affordable Drugs Now, issued the following statement:
“President Biden, Secretary Becerra, and Rep. Spanberger know that high prescription drug prices affect every American family and are a serious burden for millions each day. Patients are making impossible decisions between filling prescriptions or buying groceries, cutting pills in half or paying rent. Just last month — in spite of healthy and, in some cases, record revenues — Big Pharma raised the prices of nearly 750 medications that patients depend on. Because of the unjustified and unchecked prices of brand-name drug companies, Americans have less money in their pockets to cover other essential everyday expenses.
“Rep. Spanberger knows this issue is ‘top of mind’ for her constituents. President Biden understands how this issue affects American families. The drug pricing reforms in the Build Back Better Act will put a stop to price gouging, lower prices by allowing Medicare to negotiate directly with drug companies, and cap out-of-pocket costs for Medicare beneficiaries and millions of people who depend on insulin.
“President Biden, Democrats in the House, and all 50 Democrats in the Senate support these reforms. It’s past time to get it done.”