Myth vs. Fact: Prescription Drugs

From U.S. Congressman

David Schweikert Arizona's 6th District


Myth:

Republicans are blocking legislation to reduce prescription drug prices.


Fact:

Republicans have introduced bipartisan legislation to reduce prescription drug prices and crate more cures.


"While Democrats focused on H.R. 3, partisan legislation that would never be signed into law or reduce the cost of prescription drug prices, my Republicans colleagues and I on the Ways and Means Committee introduced H.R. 19, the Lower Costs, More Cures Act which:

  • Encourages innovation of groundbreaking new cures, promotes more low-cost options for patients, and curbs how drug companies can game of the system.

  • Places a cap on seniors’ out-of-pocket drug costs and allows seniors to manage their annual out-of-pocket spending.

  • Makes insulin more affordable.

  • Increases transparency and removes uncertainty at the pharmacy counter.

I highly recommend watching my speech on Quality Adjusted Life Years (QALYs) and the Democrat’s cure killing H.R. 3 proposal. To achieve meaningful change in a divided Congress, we would need to work together to pass legislation with strong, bipartisan support that can be signed into law. I am continuing to advocate for bipartisan solutions to lower drug costs for millions of Americans."

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