Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

ONE DAY left in this Mid-Year Campaign. This is our hour of need.
If you value independent journalism, please support Common Dreams.

Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Without your help, we won’t survive.

For Immediate Release

Contact

Press Release

We Must Let Medicare Negotiate Lower Drug Prices to Stop Massive Premium Increases

WASHINGTON -

The following is a statement from Alex Lawson, Executive Director of Social Security Works, on today’s announcement that Department of Health and Human Services Secretary Xavier Becerra will order Medicare to reconsider plans to increase premiums:

“Today’s announcement from Secretary Becerra is good news for seniors. Older Americans should not have to pay $22 more for Medicare every month to cover the outrageous prices of prescription drugs.

Medicare will likely avoid such a large increase for one reason: Public pressure recently forced the pharmaceutical company Biogen to cut the price of Aduhelm, a controversial new Alzheimer’s drug, in half.

But we can never rely on pharmaceutical corporations to do the right thing. Pharma corporations cynically anticipate public anger at high launch prices and so plan for ‘voluntary’ price reductions. Biogen priced it at $56,000 so they could cut the price in half and make $28,000 look ‘reasonable’ by comparison. They are trying to make fools of politicians and the public, and we can’t let that happen.

To permanently lower drug prices and keep corporate greed in check, we need to give Medicare the power to negotiate lower drug prices. That starts with passing the Build Back Better Act into law immediately.”

###

Social Security Works' mission is to: Protect and improve the economic security of disadvantaged and at-risk populations; Safeguard the economic security of those dependent, now or in the future, on Social Security; and Maintain Social Security as a vehicle of social justice.

'Stark Betrayal': Biden Administration Floats New Offshore Oil and Gas Drilling

"This is the third time since November the Biden administration has announced new oil and gas leasing plans on the Friday before a holiday," said one climate advocate. "They're ashamed, and they should be."

Jake Johnson ·


As US Rolls Back Reproductive Rights, Sierra Leone Moves to Decriminalize Abortion

"I'm hopeful today's announcement gives activists in the U.S., and especially Black women given the shared history, a restored faith that change is possible and progress can be made."

Brett Wilkins ·


'Indefensible': Outrage as New Reporting Shines Light on Biden Deal With McConnell

The president has reportedly agreed to nominate an anti-abortion Republican to a lifetime judgeship. In exchange, McConnell has vowed to stop blocking two Biden picks for term-limited U.S. attorney posts.

Jake Johnson ·


Assange Makes Final Appeal Against US Extradition

"If Julian Assange is not free, neither are we," said a protester at a Friday demonstration against the WikiLeaks founder's impending transfer. "None of us is free."

Brett Wilkins ·


'Payoff for 40 Years of Dark Money': Supreme Court Delivers for Corporate America

"It was the conservative court's larger agenda to gut the regulatory state and decimate executive powers to protect Americans' health and safety," warned one expert.

Jake Johnson ·

Common Dreams Logo