TMCnet News
CA Seniors Unite and Host Press Conference in San Diego for Lower Drug Price Initiative, Yes on Prop 61Today, organizations representing the well-being of seniors from across the nation will host a press conference in support of Prop. 61, the California Drug Price Relief Act. Host organizations include the likes of Social Security Works, California Alliance of Retired Americans, and California Nurses Association. Prescription drug costs are one of the greatest drivers of rising health care costs in the United States. Excessively priced drugs continue to put an unnecessary burden on all Californians, especially retirees. Speakers will address the consequences exorbitant drug prices have on older Americans and why Prop. 61 must pass in California. Members from the California Nurses Association, CARA, CNA, and Our Revolution (News - Alert) will also be in attendance at Friday's press conference.
Background Prop 61 is a simple measure that allows California to leverage its massive negotiating power to achieve lower drug prices for the most vulnerable Californians. Proposition 61 would require the state of California to negotiate with drug companies for drug prices that are no more than is paid for the same drugs by the U.S. Department of Veterans Affairs (DVA). Unlike Medicare, the DVA negotiates for drug prices on behalf of the millions veterans it serves, and pays on average 20-24 percent less for medications than other government agencies, and up to 40 percent less than Medicare Part D. Prop. 61 empowers the state, as the healthcare buyer for millions of Californians, to negotiate a better deal for taxpayers, saving the state billions. Paid (News - Alert) for by Yes on Prop 61, Californians for Lower Drug Prices, With Major Funding by AIDS Healthcare Foundation and California Nurses Association PAC. FPPC ID#1376791
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