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Last week, Health Care for America Now issued a report
showing that the CEOs of Big Pharma got massive raises as they negotiated a
record number of settlements over allegations of unlawful marketing and
overcharging of Medicare and Medicaid.
Meanwhile, Big Pharma’s profits are
skyrocketing, and one reason is because they can price-gouge Medicare thanks to
federal law. Last year, the 11 largest global pharmaceutical companies reported
$83.9 billion in profits, and their CEOs were paid almost $200
million.
Congress should stop protecting the drug
industry’s profits and start holding Big Pharma accountable. For
starters, Medicare should be able to get the same bulk discounts on prescription
drugs as state Medicaid programs so taxpayers and seniors don’t get ripped off
anymore. H.R. 1588, the Medicare Drug Savings Act of 2013, would make that
happen.
That’s why we’re asking you to join us today and tell
your Representative to stop treating Big Pharma with kid gloves and protecting
their excessive profits -- and pass the Medicare Drug Savings Act of
2013.
The drug companies have the largest army of
lobbyists, but we’ve got you.
Thank you,
Will O'Neill
Health Care for America Now
Wednesday, May 29, 2013
Big Pharma's Price Gouging...
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