Minnick: Drug Industry Prices Hurting Seniors
Even with Medicare prescription plans, seniors are charged exorbitant co-pays, says Del. Joseph "Sonny" Minnick.
There are lifesaving cancer drugs available today that would have been deemed miraculous just a generation ago. These advanced medicines extend the lives of those who suffer through the disease, and even eradicate the cancerous cells that have taken many of our friends and family.
These drugs are also too expensive for middle class families and senior citizens desperate for some medical relief.
Even with Medicare prescription plans, our seniors are charged exorbitant co-pays that tally in the tens of thousands annually, according to a recent Washington Post article. The costs of these vital drugs are so steep that one in six Medicare recipients are not filling their prescriptions and avoiding the skyrocketing co-pay costs.
This isn’t right, and anyone who reads heartbreaking stories of families unable to afford life saving medications would agree. Why, when pharmaceutical companies receive untold millions of dollars from federal grants and nonprofit groups that raise money to advance cancer research, are these drugs priced so that only families in the upper echelons of wage earners can afford them?
Much of this medication is developed largely due to taxpayer-funded research. Money you and I pay to the federal government every April goes to the drug makers who – after decades of research and billions of dollars spent – have found ways to hopefully cure a once incurable disease.
But the pharmaceutical industry blames health insurance companies for the high costs of these drugs, saying the companies’ drug co-payments are much higher than other co-pay fees such as hospitalization.
This is especially tragic for our country’s senior citizens, who have worked hard their entire lives and deserve top-notch medical coverage in their golden years. But even with Medicare, these cancer medications have proven well out of reach for elderly men and women on fixed incomes. Many seniors budget their monthly incomes down to the penny. They have no way of shelling out a couple thousand every month for cancer medicine.
I sincerely hope the pharmaceutical industry takes note of how these high prices are affecting the lives of so many Americans. Forgoing cancer drug prescriptions, to put it bluntly, is a shortcut to an early grave. Decision makers on the federal and state level should find ways to get these important drugs into the hands of people who so desperately need them.
The miracle drugs are out there – now it’s time to expand access to the medication beyond the wealthy.
Del. Joseph "Sonny" Minnick (D -Dist. 6) can be reached via e-mail at joseph.minnick@house.state.md.us.
Buzz Beeler
11:08 pm on Tuesday, June 28, 2011
Sonny the problem is and will always be the bottom line. One of our lady members at the club worked for one of the big firms. It was all about money.
The feds need to cut to the chase and stop the spending on things that will never change, like our involvement overseas. Look at tonight's headlines over the bombing. Five suicide bombers along with hostages and a prolonged gun battle.
Look at this and see if you don't agree? We just need to get our priorities straight.
http://www.youtube.com/watch?v=VtVbUmcQSuk&feature=feedf
David Hyland
12:16 pm on Wednesday, June 29, 2011
I was in line 2 weeks ago and overheard seniors talking about Doctors who charge them $5 to write refills on routine medications. So why are they charging seniors after getting paid Medicare, Insurance and Co-pays . Sorry but this sounds a little off-center. Just to verify the claim I asked the pharmacist if it was true. She said she knows of 2 physicians engaged in this writing charge. Hmmm
Lee Graczyk
7:36 pm on Wednesday, June 29, 2011
It is truly unfortunate that even with Medicare prescription plans, seniors, especially those on fixed incomes, have to deal with the exorbitant costs of prescription medications in the U.S. EVERYONE has the right to safe and affordable prescription drugs. RxRights is a national coalition of individuals and organizations dedicated to promoting and protecting American consumer access to sources of safe, affordable prescription drugs. The Coalition is encouraging consumers to take action now by sending letters to Capitol Hill and the White House to protect their right to safe, affordable medications. For more information or to voice your concern, visit www.RxRights.org.
Joan Wood
10:52 am on Thursday, June 30, 2011
I do not support the drug companies in any way.....but you have to consider how difficult our Government makes it to get a new drug on the market. Other countries have the same drugs approved, but we are still "testing" Now I'm all for safety but lets use some common sense.......my daughter needed an antibotic for a VRE (very expensive) medical assistance paid for the cheaper less expensive drug. The system is not fair to our Seniors or anyone on a limited income such as SSDI.
Robert Armstrong
11:21 am on Saturday, July 2, 2011
Just be glad you don't live in that backwoods of a state Arizona. They have Death Panels that decide who gets organ transplants or not.