Healthcare

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Washington, DC (September 13, 2024) – RetireSafe issued the following statement regarding the September 10 presidential debate between Vice President Harris and former President Trump.

“At the first Harris-Trump presidential debate, Medicare drug price negotiations were among the only policies raised during candidates’ healthcare agenda discussion. This is deeply concerning for America’s seniors, who not only aren’t seeing the benefits of this program but are also worried about the future of their Medicare plans if the law isn’t amended.”

“Out-of-pocket spending caps and Part D smoothing are policies that prioritize seniors by ensuring their access to affordable, effective medications. These are the types of solutions that policymakers should continue to focus their efforts on if they seek to win over voters. In contrast, the Inflation Reduction Act (IRA) has resulted in rising Medicare Part D premiums and fewer treatment options. We urge CMS to actively seek feedback from Medicare beneficiaries to ensure the program is helping, not harming, them. It is also crucial that presidential candidates hold the agency accountable. Policymakers must focus on safeguarding this program to maintain access to advanced care options for seniors, rather than imposing limitations.”

Washington, DC (August 15, 2024) – RetireSafe issued the following statement regarding the Biden-Harris Administration’s announcement and event discussing the results of the Medicare Drug Price Negotiation.

“Despite the Administration’s celebratory mood today, seniors across the country feel anything but joyous about the impacts of the Inflation Reduction Act (IRA) on their prescription drug access and affordability.”

“The IRA is causing premiums for Medicare Part D to surge while also increasing cost sharing, decreasing choices, and imposing new restrictions on medicines. Point blank: The IRA’s price controls are upending a program millions of seniors rely on for predictable care. The side effects of this law—reduced access to medicines—will not be tolerated, or celebrated, by seniors.”