GAO: Medicare Part D Pays Twice As Much for Same Drugs as VA

Statement

Date: Jan. 14, 2021
Location: Washington, DC

"There is absolutely no reason, other than greed, for Medicare to pay twice as much for the same exact prescription drugs as the VA. If the VA can negotiate with the pharmaceutical companies to substantially reduce the price of prescription drugs we must empower Medicare to do so as well," said Sanders. "We can no longer allow the pharmaceutical industry to rip-off the more than 40 million people who receive prescription drug coverage through Medicare Part D and fleece U.S. taxpayers. It is time for Congress to require Medicare to negotiate lower drug prices and take on the greed pharmaceutical industry."


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