Bill Aims to Make Generic Drugs More Affordable for Seniors

f t # e
Washington, October 30, 2019 | comments

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.

f t # e

Stay Connected

Use the form below to sign up for my newsletter and get the latest news and updates directly to your inbox.