Stansbury On Lower Prescription Drug Costs For Seniors

U.S. Rep. Melanie Stansbury

TATE News:

WASHINGTON, D.C. — U.S. Rep. Melanie Stansbury (NM-01) released the following statement Aug. 15 after the Biden-Harris Administration announced they would be lowering prescription drug costs for 10 of the most popular medications for America’s seniors:

“In New Mexico, we take care of our elders – full stop. That is why the continued fight by President Biden to take on Big Pharma and to lower the costs of life-saving medication has been so important, and I’m grateful for his work,” Rep. Stansbury said. “The more than 46,000 New Mexicans on Medicare will not have to worry about affording medication when they go to the pharmacy. Thank you, President Biden, for fighting for ways to make life better for all Americans!” 

New Mexico by the Numbers: 

  • More than $18 million in expected savings for about 110,000 Medicare Part D enrollees. 

More than 46,000 Medicare enrollees taking drugs selected for negotiation including:

  • 24,000 take Eliquis or Xarelto – cardiovascular drugs to prevent blood clots;
  • 14,000 take the Type2 Diabetes medications Jardiance, Januvia, or Farxiga;
  • 1,800 take Entresto to treat heart failure or other cardiovascular conditions;
  • About 9,000 use insulin and could have an average savings of $443 per year; and
  • About 342,000 Medicare Part D enrollees can receive free recommended preventive vaccines.
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