***MEDIA ADVISORY FOR WEDNESDAY, OCTOBER 25 AT 2 PM CT // 3 PM ET***
While the Biden Administration Fights for Wisconsinites to Save Money on their Medications, Republicans Want to Raise Health Care Costs
Milwaukee, WI – On Wednesday, October 25 at 2:00 PM CT, 3:00 PM ET, U.S. Representative Gwen Moore (WI-04) and Milwaukee area health care advocates will join Protect Our Care Wisconsin to discuss how Medicare negotiations will lower prescription drug costs for Wisconsinites. The Biden administration announced the first 10 drugs that will have lower prices negotiated by Medicare under the Inflation Reduction Act, which was passed by Democrats last year. Earlier this month, all 10 companies entered into agreements with Medicare to kickstart the negotiation process to lower costs for seniors.
Speakers will discuss what this means for Wisconsinites and how lowering the cost of healthcare and prescription drugs remain central to the Inflation Reduction Act’s popularity, and the importance of protecting these policies.
This event comes as Republicans and drug companies are trying to derail health care policies that will bring down costs. Pharmaceutical companies are suing the federal government to protect their massive profits by halting the measure passed in the Inflation Reduction Act that empowers Medicare to negotiate drug prices while Republicans are attempting to repeal it. President Biden and Democrats in Congress are already working to expand these cost savings to more Americans, no matter what age they are or how they get their health insurance. If the GOP gets their way, they would throw millions of people off of Medicaid, keep drug costs high for seniors, and make health care coverage more expensive for families purchasing coverage on their own through the Affordable Care Act.
WHO: U.S. Representative Gwen Moore & Milwaukee area health care advocates
WHAT: Virtual Press Conference
WHEN: Wednesday, October 25, 2:00 PM CT // 3:00 PM ET