Morning Briefing
Summaries of health policy coverage from major news organizations
Wyden Introduces Bill Aimed At Protecting Seniors From High Drug Costs
Sen. Ron Wyden (Ore.), the top Democrat on the Senate Finance Committee, on Wednesday introduced a bill aimed at protecting seniors from high drug costs, an issue that has attracted growing scrutiny. Wydens measure would cap drug cost-sharing for Medicare enrollees so that seniors would not have to pay out of pocket costs above a roughly $7,500 cap. In 2013, 2.9 million people in Medicares prescription drug program had to pay costs above that cap, Wydens office said. (Sullivan, 4/27)
Escalating drug prices are increasingly straining the budgets of families in Oregon and across the country, particularly seniors in Medicare who often have to take multiple costly medications to stay healthy, Wyden said in a statement. It defies common sense that protection from high out-of-pocket costs exists for almost all other types of health coverage, but not for traditional Medicare. Medicares programs prescription drug benefit, or Part D, is offered by private insurance plans, whereas the hospital and medical components of the program are run by the federal government. (Owens, 4/27)