Rep. Scott Peters

@RepScottPeters ↗

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Last Checked Feb. 28, 2022

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Tue Nov 02 23:15:05 +0000 2021

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Rep. Scott Peters @RepScottPeters

3/ ✔️Adds Medicare Part D to the Peters/Schrader framework, allowing negotiation of costs in Parts B & D for some drugs older than 9 years & others older than 12 years ✔️Caps out-of-pocket costs for all seniors to $2,000 per year w/ a “smoothing” mechanism ✔️$35 cap for insulin — PolitiTweet.org

Posted Nov. 2, 2021

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Rep. Scott Peters @RepScottPeters

2/ Largely based on my Reduced Costs & Continued Cures Act, the deal establishes the first-ever out-of-pocket cap for seniors’ prescriptions, pays for these benefits using pharma profits & generates billions in savings that can be invested in improving other health care programs: — PolitiTweet.org

Posted Nov. 2, 2021

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Rep. Scott Peters @RepScottPeters

4/ ✔️Caps the amount drug manufacturers can raise the price of a drug to the rate of inflation for drugs in Medicare Parts B and D beginning Oct. 1, 2021. This inflation cap also applies to private insurance markets. — PolitiTweet.org

Posted Nov. 2, 2021