Fact Checked

TV Networks Have Been Ignoring Increasing Drug Prices

TV Networks Have Been Ignoring Increasing Drug PricesRecently, Vermont Senator Bernie Sanders produced a press release that stated network newscast have ignored the rapidly increasing prescription drug prices at a time when 75% of Americans want to control the rising prices. Senator Sanders invited top television executives to meet to discuss increasing television coverage of prescription drug prices.

Senator Sanders’ Proposed Legislation

On December 6, Senator Sanders introduced an amendment to the 21st Century Cures Act that would have allowed prescription drug imports from other countries, while also allowing Medicare to negotiate directly with drug companies for lower prices. Republicans in the Senate blocked the amendment. In the United States, companies can set any price they like on their prescriptions. There is no government control that goes into controlling the prices; the U.S. lacks formal price controls.

Evening News Does Not Give Much Coverage

Between December 6, 2016 and March 10, 2017, ABC and CBS ran ZERO segments on the prescription drug price problem. NBC only ran one segment, while PBS only ran two. FoxNews and CNN both ran four segments, while MSNBC ran six segments. Even worse, these were only segments in which prescription drug prices were mentioned – not necessarily segments that were completely dedicated to prescription drug prices.

Rising Prescription Costs Can Be Reduced

Until legislation is passed that curtails rising prescription drug costs, one of your only options may be a discount pharmacy card, such as the USA Rx Pharmacy Discount Card. This risk-free card can be dropped off with your prescription at participating pharmacies, at which point discounts will be applied to your prescription. The program can be used on prescription drugs that are excluded by your insurance plan, or are not covered because you have exceeded your insurance plan’s maximum limits.

Published March 30th, 2017 by Stephanie Clegg
Fact Checked by Chris Riley

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