Today, nearly 40 percent of a senior's healthcare spending is on pharmaceutical medications.
Sentiment: NEGATIVE
Pharmaceuticals have become an increasingly important part of modern medicine, and our seniors shouldn't have to worry about whether they can afford the medicines they need to stay healthy and maintain their independence.
Pharmaceutical companies are enjoying unprecedented profits and access with this Administration. Yet the Republicans' prescription drug plan for seniors has been a colossal failure, and over 43 million Americans wake up every morning without health insurance.
While I recognize the great value and importance of prescription drugs and strongly support a continued U.S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.
Recently, lobbyists for the pharmaceutical industry wrote a prescription drug bill that increased their profits and did nothing to help seniors. The result: seniors are stuck with a confusing prescription drug plan that does little to help them with their costs.
Enrolling in the Medicare Prescription Drug Program will be a great savings for most senior citizens.
First of all, pharmaceutical costs are the single fastest-growing part of our health care budget.
It is vital that we communicate to seniors their options regarding prescription drug assistance.
Sometimes in this whole Medicare prescription drug debate, we focus on the prescription drug benefit, and I am glad we do because it is the first time we have ever offered real help to seniors, especially the poor, those in need.
The pharmaceutical industry isn't the only place where there's waste and inefficiency and profiteering. That happens in much of the rest of the health care industry.
I keep encouraging the pharmaceutical companies to put more money into R&D.
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