propan tlc YES on 61: The Gorings

What is Proposition 61?
It is a measure that will be submitted to the voters for their approval on the November 2016 ballot that will make a start on getting the exorbitant prices of prescription drugs under control – and, save California taxpayers billions at the same time.

How would it work?
If voters pass the measure, the State of California would be required to pay no more for prescription drugs than is paid for the same medication by the U.S. Department of Veterans Affairs. It could also negotiate for prices below those paid by the Department. This would encompass all drug purchases in which the State is the ultimate payer, whether it purchased the drugs directly from the pharmaceutical companies or not.

Why use the Department of Veterans Affairs as the standard for drug pricing?
Because unlike some entities of the federal government – Medicare, for example – the Dept. of Veterans Affairs is empowered by law to use its bargaining power to negotiate the prices of drugs used in the agency’s provision of health-care services to veterans. As a result, data show that the Department pays on average 20-24% less for drugs than other government agencies.

The Dept. of Veterans Affairs even pays 40% less for drugs than Medicare Part D (the prescription-drug program for seniors). When Part D was established by the George W. Bush Administration, Medicare was specifically banned by law from using its huge bargaining power to negotiate for lower drug prices for seniors – a huge and unconscionable giveaway to the drug companies.

These prices are also publicly available according to the VA, so why shouldn’t we use the lowest domestic price for prescription rugs as our standard?

In addition, Drug Companies cannot exorbitantly raise the price of drugs the VA provides due to the Veterans Healthcare Act of 1992, which placed a series of limits on Big Pharma in regard to VA prices. This happened because in the early 90’s drug companies were doing the same thing to Veterans as they are to every day Californians now. It works for the VA, and it will work for California.

Who is funding this measure?
The Los Angeles-based AIDS Healthcare Foundation (AHF), the largest provider of HIV/AIDS medical care in the U.S, has taken the lead in funding the collection of signatures to place the measure on the ballot. Far more signatures than required were submitted in November. A very diverse coalition of individuals and organizations will come together to support the measure.

Vote Yes on Prop 61, the California Drug Price Relief Act of 2016, and Stop Pharma Greed.

propan tlc YES on 61: The Gorings
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