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Lawmaker warns cuts to Medicare Part D could raise drug prices 'up to 50%'
Summary
A lawmaker said proposed cuts to Medicare Part D subsidies would come as prescription drug prices are already high and warned those cuts could increase drug rates "by up to 50%," calling the idea "really quite cruel."
A lawmaker warned that cutting Medicare Part D subsidies would come at a time when prescription drug prices are already high and could lead to large increases in out-of-pocket costs. "The idea that at a time when prescription drug prices are so high, you would cut Medicare Part D subsidies, and raise prescription drug rates by up to 50% is really quite cruel, and unbelievable from a political sense," the lawmaker said.
The speaker used the potential drug-price increases as an example of policy choices that would shift costs to patients. The transcript contains no specific legislative vehicle or vote tied to that claim; it is a warning framed as political criticism rather than a description of an enacted change.
