For decades, Big Pharma has raised drug prices with impunity. Here in Utah, the average annual cost of brand name prescription drug treatment increased 58% between 2012 and 2017, while the annual income for Utahns increased only 8%. Prescription drugs don’t work if patients can’t afford them.
That’s why the Senate needs to pass the Prescription Drug Pricing Reduction Act when it returns from August recess. It’s time. We urge Sens. Mike Lee and Mitt Romney to back this vital legislation, which passed the Senate Finance Committee in July with strong bipartisan support.
For too long, drug companies have been price gouging seniors and hardworking Americans.