• Sat. Apr 20th, 2024

Biden and Sanders Call for Lower Drug Prices and Improved Healthcare Access in the US

BySamantha Nguyen

Apr 3, 2024
Biden talks about limiting certain drug prices

President Joe Biden has addressed the issue of high drug costs in the US during a recent discussion. Three companies have agreed to cap the price of asthma inhalers at $35, providing relief to Americans who rely on these medications. Biden emphasized that while he considers himself a capitalist, he believes that some actions by drug companies amount to exploitation.

Senator Bernie Sanders, an independent from Vermont, also highlighted the need to tackle the high cost of prescription drugs. He commended the efforts of the Biden administration and Democrats in Congress to push for lower drug prices, including implementing a price cap for seniors starting next year. Sanders stressed the importance of protecting Americans from being overcharged by pharmaceutical companies, especially in comparison to other countries.

The discussion coincided with the 10th anniversary of the Affordable Care Act, commonly known as Obamacare, which established government health care marketplaces for those without access to employer-sponsored plans. Data from the Kaiser Family Foundation showed that the average annual health care premium for single coverage in 2023 was $8,435, while family coverage averaged $23,968. Premiums have increased by 22% for both types of coverage since 2018.

During the most recent Open Enrollment Period, more than 21 million Americans either selected or were automatically re-enrolled in health insurance coverage through HealthCare.gov and state-based Marketplaces. The ongoing efforts to address high drug costs and make health care more affordable for Americans are crucial priorities for the Biden administration and lawmakers in Congress.

In addition to addressing high drug costs and healthcare affordability, President Biden also emphasized his commitment to ensuring equal access to healthcare regardless of income or geography. He announced plans to expand Medicaid coverage and create community health centers that provide primary care services in underserved areas.

Senator Sanders lauded these initiatives and called on Congress to continue pushing for comprehensive healthcare reform that would provide universal coverage and lower drug prices for all Americans.

Overall, while there is still much work to be done in addressing healthcare disparities and reducing drug costs in this country

By Samantha Nguyen

As a content writer at newsskio.com, I weave words to craft compelling narratives that captivate readers and bring stories to life. With a keen eye for detail and a passion for storytelling, I strive to create engaging and informative content that resonates with our audience. Whether I'm delving into the latest news trends or exploring unique angles on various topics, my goal is to deliver quality content that informs, entertains, and inspires. Join me on this journey as we uncover the news stories that matter most.

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