Casey, Cornyn Introduce Bill to Protect Seniors from High Drug Costs

Press Release

"There is no reason why health plans and pharmacy benefit managers should be able to overcharge American seniors just because they're enrolled in Medicare Part D," Chairman Casey said. "The Protecting Seniors from High Drug Costs Act will end this unfair practice. We cannot allow corporate profiteering to continue getting in the way of our seniors being able to afford the prescription drugs they need."

"Far too often, patients unknowingly pay a much higher insurance copay than the actual out-of-pocket cost of a prescription drug," Sen. Cornyn said. "This commonsense legislation would put an end to the harmful practice of "copay clawbacks' and prevent third-party pharmacy benefit managers from cutting a profit at the expense of patients' pocketbooks."

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