Foster Statement on Passage of Lower Drug Costs Now Act
Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement after the U.S. House of Representatives passed H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act:
"I was proud to vote for this historic legislation to lower prescription drug prices for Americans and improve Medicare. There is no reason Americans should be forced to pay more than people in other countries for the same medication. H.R. 3 would offer major cost savings for more than 500,000 people in the 11th District who have private health insurance, and over 72,000 people enrolled in Medicare Part D. In addition, by allowing Medicare to negotiate lower drug prices, it will generate hundreds of billions of dollars in cost-savings that will be reinvested to expand Medicare to include vision, dental, and hearing coverage. It's time that we put a stop to skyrocketing prescription drug prices that are devastating hardworking American families."
H.R. 3 passed the House by a vote of 230 to 192 and is now awaiting action in the Senate.