In his State of the Union address last night, President Obama made clear that older Americans are at risk of having big changes made to their prescription drug benefits under Medicare. One proposal in Washington would place new taxes, or "rebates," on drug manufacturers in the Medicare Part D program, which could result in increased premiums for all Medicare beneficiaries by as much as 40%.
CMM continues to oppose any reform that would negatively impact Medicare Part D, the program that provides 31 million beneficiaries with access to affordable prescription medications. Seniors who enrolled in Part D overwhelmingly support it, because Part D works. It's the rare government program that is costing less than projected while exceeding expectations.
In the weeks ahead we'll be sharing more to advocate against harmful changes to Part D. Join us in the fight.