Twitter icon
Facebook icon
YouTube icon
Instagram Icon

Congresswoman Ann McLane Kuster

Representing the 2nd District of New Hampshire

Bill aims to make generic drugs more affordable for seniors

Oct 30, 2019
In The News

CONCORD, N.H. (AP) U.S. Reps. Annie Kuster of New Hampshire and David McKinley of West Virginia have introduced a bill to make generic drugs more affordable for seniors.

Kuster, a Democrat, and McKinley, a Republican, said Wednesday that last year, low-cost generic medications saved Medicare patients over $90 billion, but those savings are at risk because a growing number of these medicines have been moved into the same category as more expensive brand-name drugs.

They say the bill would help reverse the negative impact of these recent changes to reduce out-of-pocket costs for patients on Medicare Part D.

The bill would ensure automatic coverage under Medicare of lower-cost generic medications immediately after launch; place generic drugs in a "generic-only" category so patients aren't charged the higher brand rate; and create a dedicated pricing category for specialty generic medications.

(Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)