"Prescription drugs don't work if you cannot afford them," said Dan Witters, a senior researcher at Gallup. (Photo: iStock/via Getty)
Sep 09, 2021
Around 15.5 million U.S. adults under the age of 65 and 2.3 million seniors were unable to afford at least one doctor-prescribed medication this year, according to a study released Thursday as the Biden administration unveiled its plan to reduce the nation's sky-high drug prices.
The new study (pdf) was based on four nationally representative surveys conducted in recent months by the polling outfit Gallup in partnership with West Health, a nonprofit organization focused on lowering healthcare costs.
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue."
--Margarida Jorge, Lower Drug Prices Now
Asked whether "you or a family member skipped a pill to save medication in order to save money" over the past 12 months, 10% of survey respondents answered in the affirmative, with the impact falling most heavily on lower-income households.
Seven percent of poll respondents told Gallup/West Health that there has "been a time in the last three months" when they or a member of their household have been "unable to pay for medicine or drugs that a doctor had prescribed" because they "did not have enough money." People who are immunocompromised couldn't afford their prescription medicines at almost twice the rate of Americans generally, Gallup and West Health found.
"Prescription drugs don't work if you cannot afford them," Dan Witters, a senior researcher at Gallup, said in a statement. "Across multiple studies, we are measuring adults from all age, race, and ethnic groups, political parties, and income levels are reporting that they are struggling to afford medications. And amidst these reports are strong and consistent sentiment for more government action to rein in costs."
The study was published as the Biden administration released the details of its proposal to slash U.S. prescription drug prices, which are often two to four times higher than those of other rich nations.
Under the Biden administration's plan, the Health and Human Services (HHS) secretary would be empowered to negotiate Medicare Part B and Part D drug costs directly with pharmaceutical companies, and the resulting prices would be made available to Medicare recipients, private insurance plans, and employers that opt to participate.
The plan would also impose a cap on "catastrophic spending" to shield Medicare Part D enrollees from massive out-of-pocket costs. According to the Kaiser Family Foundation, nearly 1.5 million Medicare Part D beneficiaries in 2019 had out-of-pocket prescription drug spending above the catastrophic coverage threshold, which is currently $6,550.
"Life-saving prescription medication should not cost anyone their life savings," HHS Secretary Xavier Becerra said in a statement. "Yet too often, many low-income families cannot take their prescription medications because of cost concerns... By promoting negotiation, competition, and innovation in the healthcare industry, we will ensure cost fairness and protect access to care."
\u201cThis is a great step by @POTUS. By finally allowing Medicare to negotiate drug prices, we can lower costs for EVERYONE.\nhttps://t.co/XKktshtZHp\u201d— Rep. Pramila Jayapal (@Rep. Pramila Jayapal) 1631211300
Many of the drug-pricing reforms outlined by the Biden administration on Thursday would require congressional action, and Democratic lawmakers are expected to include some of the proposals--such as a Medicare negotiation provision--in their emerging reconciliation bill. Unsurprisingly, the pharmaceutical industry is lobbying hard against efforts to cut soaring medicine prices, which pad drug companies' bottom lines.
Confirming other recent polling, the Gallup/West Health study found that 81% of U.S. adults believe the "government needs to play a
major role in negotiating prescription drug prices for Medicare in order to control costs." The study also showed that just 19% of U.S. adults believe the pharmaceutical industry's claim that "allowing government to negotiate drug prices for Medicare will hurt pharmaceutical competition and innovation."
Margarida Jorge, campaign director for Lower Drug Prices Now, said in a statement Thursday that allowing Medicare to negotiate drug prices "would not only lower costs for seniors, families, and employers, but it would also produce half a trillion dollars in savings for taxpayers."
"Today President Biden made it abundantly clear that lowering prescription drug prices is essential for our country to 'Build Back Better,'" said Jorge. "As Congress debates the reconciliation bill, we urge members to follow through on their promises with this once-in-a-generation opportunity to make prescription drugs more affordable and show they are on the side of patients."
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue," she added. "It's time to put healthcare before wealthcare--no one should have to worry about affording the medicines they need, especially when pharmaceutical corporations continue to be the most profitable sector in the nation."
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. Join with us today! |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Around 15.5 million U.S. adults under the age of 65 and 2.3 million seniors were unable to afford at least one doctor-prescribed medication this year, according to a study released Thursday as the Biden administration unveiled its plan to reduce the nation's sky-high drug prices.
The new study (pdf) was based on four nationally representative surveys conducted in recent months by the polling outfit Gallup in partnership with West Health, a nonprofit organization focused on lowering healthcare costs.
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue."
--Margarida Jorge, Lower Drug Prices Now
Asked whether "you or a family member skipped a pill to save medication in order to save money" over the past 12 months, 10% of survey respondents answered in the affirmative, with the impact falling most heavily on lower-income households.
Seven percent of poll respondents told Gallup/West Health that there has "been a time in the last three months" when they or a member of their household have been "unable to pay for medicine or drugs that a doctor had prescribed" because they "did not have enough money." People who are immunocompromised couldn't afford their prescription medicines at almost twice the rate of Americans generally, Gallup and West Health found.
"Prescription drugs don't work if you cannot afford them," Dan Witters, a senior researcher at Gallup, said in a statement. "Across multiple studies, we are measuring adults from all age, race, and ethnic groups, political parties, and income levels are reporting that they are struggling to afford medications. And amidst these reports are strong and consistent sentiment for more government action to rein in costs."
The study was published as the Biden administration released the details of its proposal to slash U.S. prescription drug prices, which are often two to four times higher than those of other rich nations.
Under the Biden administration's plan, the Health and Human Services (HHS) secretary would be empowered to negotiate Medicare Part B and Part D drug costs directly with pharmaceutical companies, and the resulting prices would be made available to Medicare recipients, private insurance plans, and employers that opt to participate.
The plan would also impose a cap on "catastrophic spending" to shield Medicare Part D enrollees from massive out-of-pocket costs. According to the Kaiser Family Foundation, nearly 1.5 million Medicare Part D beneficiaries in 2019 had out-of-pocket prescription drug spending above the catastrophic coverage threshold, which is currently $6,550.
"Life-saving prescription medication should not cost anyone their life savings," HHS Secretary Xavier Becerra said in a statement. "Yet too often, many low-income families cannot take their prescription medications because of cost concerns... By promoting negotiation, competition, and innovation in the healthcare industry, we will ensure cost fairness and protect access to care."
\u201cThis is a great step by @POTUS. By finally allowing Medicare to negotiate drug prices, we can lower costs for EVERYONE.\nhttps://t.co/XKktshtZHp\u201d— Rep. Pramila Jayapal (@Rep. Pramila Jayapal) 1631211300
Many of the drug-pricing reforms outlined by the Biden administration on Thursday would require congressional action, and Democratic lawmakers are expected to include some of the proposals--such as a Medicare negotiation provision--in their emerging reconciliation bill. Unsurprisingly, the pharmaceutical industry is lobbying hard against efforts to cut soaring medicine prices, which pad drug companies' bottom lines.
Confirming other recent polling, the Gallup/West Health study found that 81% of U.S. adults believe the "government needs to play a
major role in negotiating prescription drug prices for Medicare in order to control costs." The study also showed that just 19% of U.S. adults believe the pharmaceutical industry's claim that "allowing government to negotiate drug prices for Medicare will hurt pharmaceutical competition and innovation."
Margarida Jorge, campaign director for Lower Drug Prices Now, said in a statement Thursday that allowing Medicare to negotiate drug prices "would not only lower costs for seniors, families, and employers, but it would also produce half a trillion dollars in savings for taxpayers."
"Today President Biden made it abundantly clear that lowering prescription drug prices is essential for our country to 'Build Back Better,'" said Jorge. "As Congress debates the reconciliation bill, we urge members to follow through on their promises with this once-in-a-generation opportunity to make prescription drugs more affordable and show they are on the side of patients."
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue," she added. "It's time to put healthcare before wealthcare--no one should have to worry about affording the medicines they need, especially when pharmaceutical corporations continue to be the most profitable sector in the nation."
Around 15.5 million U.S. adults under the age of 65 and 2.3 million seniors were unable to afford at least one doctor-prescribed medication this year, according to a study released Thursday as the Biden administration unveiled its plan to reduce the nation's sky-high drug prices.
The new study (pdf) was based on four nationally representative surveys conducted in recent months by the polling outfit Gallup in partnership with West Health, a nonprofit organization focused on lowering healthcare costs.
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue."
--Margarida Jorge, Lower Drug Prices Now
Asked whether "you or a family member skipped a pill to save medication in order to save money" over the past 12 months, 10% of survey respondents answered in the affirmative, with the impact falling most heavily on lower-income households.
Seven percent of poll respondents told Gallup/West Health that there has "been a time in the last three months" when they or a member of their household have been "unable to pay for medicine or drugs that a doctor had prescribed" because they "did not have enough money." People who are immunocompromised couldn't afford their prescription medicines at almost twice the rate of Americans generally, Gallup and West Health found.
"Prescription drugs don't work if you cannot afford them," Dan Witters, a senior researcher at Gallup, said in a statement. "Across multiple studies, we are measuring adults from all age, race, and ethnic groups, political parties, and income levels are reporting that they are struggling to afford medications. And amidst these reports are strong and consistent sentiment for more government action to rein in costs."
The study was published as the Biden administration released the details of its proposal to slash U.S. prescription drug prices, which are often two to four times higher than those of other rich nations.
Under the Biden administration's plan, the Health and Human Services (HHS) secretary would be empowered to negotiate Medicare Part B and Part D drug costs directly with pharmaceutical companies, and the resulting prices would be made available to Medicare recipients, private insurance plans, and employers that opt to participate.
The plan would also impose a cap on "catastrophic spending" to shield Medicare Part D enrollees from massive out-of-pocket costs. According to the Kaiser Family Foundation, nearly 1.5 million Medicare Part D beneficiaries in 2019 had out-of-pocket prescription drug spending above the catastrophic coverage threshold, which is currently $6,550.
"Life-saving prescription medication should not cost anyone their life savings," HHS Secretary Xavier Becerra said in a statement. "Yet too often, many low-income families cannot take their prescription medications because of cost concerns... By promoting negotiation, competition, and innovation in the healthcare industry, we will ensure cost fairness and protect access to care."
\u201cThis is a great step by @POTUS. By finally allowing Medicare to negotiate drug prices, we can lower costs for EVERYONE.\nhttps://t.co/XKktshtZHp\u201d— Rep. Pramila Jayapal (@Rep. Pramila Jayapal) 1631211300
Many of the drug-pricing reforms outlined by the Biden administration on Thursday would require congressional action, and Democratic lawmakers are expected to include some of the proposals--such as a Medicare negotiation provision--in their emerging reconciliation bill. Unsurprisingly, the pharmaceutical industry is lobbying hard against efforts to cut soaring medicine prices, which pad drug companies' bottom lines.
Confirming other recent polling, the Gallup/West Health study found that 81% of U.S. adults believe the "government needs to play a
major role in negotiating prescription drug prices for Medicare in order to control costs." The study also showed that just 19% of U.S. adults believe the pharmaceutical industry's claim that "allowing government to negotiate drug prices for Medicare will hurt pharmaceutical competition and innovation."
Margarida Jorge, campaign director for Lower Drug Prices Now, said in a statement Thursday that allowing Medicare to negotiate drug prices "would not only lower costs for seniors, families, and employers, but it would also produce half a trillion dollars in savings for taxpayers."
"Today President Biden made it abundantly clear that lowering prescription drug prices is essential for our country to 'Build Back Better,'" said Jorge. "As Congress debates the reconciliation bill, we urge members to follow through on their promises with this once-in-a-generation opportunity to make prescription drugs more affordable and show they are on the side of patients."
"Ending the pharmaceutical industry's monopoly control over drug pricing is long overdue," she added. "It's time to put healthcare before wealthcare--no one should have to worry about affording the medicines they need, especially when pharmaceutical corporations continue to be the most profitable sector in the nation."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.