Drug Savings Act Would Strengthen Medicare Without Harming Beneficiaries
Sen. Jay Rockefeller (D-W-Va.) introduced the Medicare Drug Savings Act of 2013 that would produce savings without passing on costs to seniors.
The act offers a worthwhile alternative to this approach, strengthening the Medicare program’s fiscal footing while shielding beneficiaries from harmful cost-shifting. The Congressional Budget Office (CBO) estimates that restoration of Medicaid-level drug rebates for low-income Medicare beneficiaries would save the federal government $141 billion over 10 years. As federal budget negotiations continue, we urge you to consider the following critical facts :


