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Issues and Priorities

Taking on Special Interests: Lower Rx Prices

Jake stood up to special interests and helped pass legislation to empower Medicare to negotiate drug prices and to cap out-of-pocket costs for seniors. Now, he’s working to extend & deepen those benefits.

By taking on the greed of the big health insurance companies, Jake is fighting to cap out-of-pocket costs for all Americans.

When a physician prescribes a drug that you need to get healthy, insurance companies shouldn’t be able to shift cost and friction onto you to prevent access to that medication. But that’s exactly what’s happening: drug-pricing middlemen, known as pharmacy benefit managers, are denying access to patients and making independent pharmacists miserable while raking in billions of profit every year for their insurance-company owners.

Jake is moving multiple pieces of legislation, much of it bipartisan, to take on the insurance companies to lower prescription drug costs for patients. He is also a leader in pushing for adoption of innovative pricing models for a new era of cell-and-gene engineering and other personalized therapies.