MADISON – This morning, candidate for U.S. Senate and Wisconsin State Treasurer Sarah Godlewski released a plan to address the skyrocketing cost of prescription drugs that plague Wisconsinites. Americans are paying as much as two to four times more for the same drugs compared to those in Australia, Canada, and France. Here in Wisconsin, prescription drug costs grew at a pace of nearly twice as much as the average Wisconsinite’s income from 2015-2019.
“As pharmaceutical companies pull in record profits, folks are skipping pills to make their prescriptions last a little longer, others are having to choose between their groceries and their life-saving medicine. For years, Democrats and Republicans have campaigned on lowering prescription drugs costs, but every time Washington gets close to getting a deal done to lower the costs of prescription drugs, Big Pharma steps in, and politicians cave,” said Sarah Godlewski. “Like so many Wisconsinites, I’m tired of all talk and no action, in the Senate I’ll fight to finally get this done.”
Later today, Sarah will meet with Wisconsinites in Green Bay to hear their stories and discuss her plan.
Sarah’s plan to rein in drug costs & hold Big Pharma accountable will:
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Ensure that Medicare can negotiate for lower drug costs
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Cap out-of-pocket prescription costs for seniors
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Cap the price of widely-used drugs
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Create an international price index to ensure that drug companies are not charging Americans more for the same product
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Stop drug companies from increasing prices beyond the rate of inflation
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Eliminate the tax giveaway for Big Pharma
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End patent thicket maneuvering so low-cost generic drugs can be produced
