DNC Statement on President Biden’s Historic Medicare Price Negotiation Announcement
October 3, 2023
DNC Chair Jaime Harrison released the following statement after the Biden-Harris administration announced that drug companies that manufacture the first ten drugs selected for Medicare drug price negotiation have agreed to participate in the drug negotiation program:
“Today, the Biden-Harris administration announced that the manufacturers of all ten drugs selected for negotiation have signed agreements to participate in the Inflation Reduction Act’s Medicare Drug Price Negotiation Program. In addition to today’s announcement, President Biden has continued the fight to lower health care prices by lowering health care premiums and capping the price of insulin and bringing out-of-pocket costs down for millions of seniors.
“The contrast could not be clearer: while President Biden and Vice President Harris work to lower costs for families, MAGA Republicans are in the pocket of Big Pharma, putting their profits over working families. Next November, voters will remember that President Biden is the only candidate fighting to reduce costs and make health care more affordable for working families, and that is why they will send him back to the White House to finish the job.”