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ACS CAN Statement on Administration’s Proposals to Curb Rising Prescription Drug Costs
Washington, D.C., —Today the president is expected to announce American Patients First, a series of proposed policy solutions aimed at reducing the rising costs of prescription drugs. Proposals expected to be announced include various changes ... as a mechanism to bring down costs. A statement from Chris Hansen, President of the American Cancer Society Cancer Action Network (ACS CAN) follows: “Cancer patients rely on prescription drugs to treat, survive and recover from their disease. Promising new therapies have ... the transparency and patient understanding of prescription drug coverage including the list of drugs covered under a medical benefit, the cost sharing, and any utilization management tools. “While we appreciate the administration’s commitment and support reform that won’t have ...
President Biden Urges Capping Medicare Patient Out-of-Pocket Drug Costs as Part of Prescription Pricing Policies
Washington, D.C— Today the president called on Congress to bring down patient prescription drug costs, an issue of critical importance to cancer patients. Among the provisions the president outlined was establishing an annual cap on Medicare enrollees’ ... out-of-pocket expenses. The following is a statement from Lisa Lacasse, president of the American Cancer Society Cancer Action Network (ACS CAN): “We greatly appreciate the president’s commitment to addressing prescription drug costs for patients, especially for those enrolled in Medicare. Cancer is a disease more common with age and can be very expensive to treat. For Medicare enrollees who currently face unlimited cost-sharing for some of their prescription drugs, the financial burden can be overwhelming. Establishing an annual cap for outpatient prescription ...
House Leadership Proposes Broad Legislation to Reduce Patient Out-Of-Pocket Drug Costs
... (D-Calif.), introduced legislation intended to bring down patient drug costs. The bill includes a provision to cap Medicare beneficiaries’ out-of-pocket prescription drug costs in Medicare Part D, allow the Health and Human Services (HHS) Secretary to negotiate prices for some drugs, and link select drug prices to the rates paid by other industrialized countries, among several other proposed changes. ACS CAN will continue to evaluate proposed provisions in the package to determine potential impact on cancer patients and survivors. A statement from Lisa Lacasse, president of the American Cancer Society Cancer Action Network (ACS CAN) follows: “We welcome Speaker Pelosi and House leadership’s action to address the ...
How Much Does Cancer Cost? New Report Examines Expected Patient Costs for Common Cancer Diagnoses
Washington, D.C.—The American Cancer Society Cancer Action Network (ACS CAN) today released its first report examining the costs of treating cancer, and specifically the out-of-pocket portion patients face. The report ... organization’s annual national policy forum, found U.S. cancer patients paid nearly $4 billion in out-of-pocket costs in 2014 and the disease cost the country $87.8 billion in cancer-related health care spending. The report examines costs for three of the most common cancers—breast, ...
New Report: Cancer Survivors Face High Costs of Care and Debt Years After Treatment
WASHINGTON, D.C.—December 8, 2022 —The costs of being diagnosed with cancer last long after the diagnosis and initial treatment putting cancer survivors at increased risk for lifelong financial hardship, according to a new report from the American Cancer Society Cancer Action Network (ACS CAN). The report, The Costs of Cancer Survivorship , examines several of the long-term expenses cancer survivors face in the years after they ... products offered to patients to pay their medical bills are not predatory. Capping all out-of-pocket costs in Medicare. Addressing unexpected cost-sharing for cancer screenings. Requiring coverage for cancer-related fertility preservation services. “While we’ve made significant ...
How Much Does Cancer Cost? New Report Adds Up the Financial Burden of a Cancer Diagnosis
Washington, D.C.—The American Cancer Society Cancer Action Network (ACS CAN) today released a report detailing the costs of treating cancer, specifically out-of-pocket costs typical cancer patients face. The report found U.S. cancer patients in 2018 spent $5.6 billion in out-of-pocket costs for cancer treatment. Overall, the disease cost the country $183 billion in direct cancer-related health care spending in 2015—an amount that is projected to increase to $246 billion by ...
Repealing Individual Mandate in Tax Bill Likely to Increase Patient Costs and Number of Uninsured
Washington, D.C.— Nov. 15, 2017— Today the American Cancer Society Cancer Action Network (ACS CAN) sent a letter to Senate Finance Committee Leadership opposing a provision in the tax bill that would eliminate the mandate that Americans ... more Americans being uninsured by 2027 and would increase premiums by about 10 percent each year. A statement from Chris Hansen, president of ACS CAN, follows: “Eliminating the individual mandate risks creating an unbalanced and unsustainable insurance pool. Young and healthy ... uninsured Americans. “Cancer patients, survivors and those at risk for the disease need access to quality insurance coverage at an affordable cost. Willfully undermining a key component of our current health care system without a broader plan in place could be devastating to patients. ...
Bipartisan Health Package Offers Path Toward Reducing Patients’ Out-Of-Pocket Costs; Improving Public Health
... D.C.—Today the Senate Health, Education, Labor and Pensions Committee will markup legislation aimed at helping reduce patients’ out-of-pocket health care costs and improving public health. The Lower Health Care Costs Act would exempt patients from having to pay surprise medical ... a measure to encourage generic competition (the Creating and Restoring Equal Access t o Equivalent Samples – CREATES Act ) so generic drugs can more quickly enter the market, raises the federal age for tobacco sales from 18 to 21, and extends funding for Federally Qualified Health ... with cancer this year and the nearly 17 million cancer survivors alive today, we urge Congress to continue working together to address the high cost of health care by removing affordability barriers and promoting prevention and we look forward to working with the lawmakers on these ...
Senate Finance Committee Proposes Capping Medicare Patients’ Out-of-Pocket Prescription Drug Costs in Drug Pricing Bill
Washington, D.C.—Today the Senate Finance Committee is marking up the Prescription Drug Pricing Reduction Act (PDPRA) of 2019, which includes a provision to cap Medicare beneficiaries’ out-of-pocket prescription drug costs in Medicare Part D, among several other proposed changes intended to bring down patient costs. ACS CAN will continue to evaluate proposed provisions in the package to determine potential impact on cancer patients and survivors. A statement from ... to provide some important financial relief to these patients. However, we have concerns that the $3,100 threshold may still be too high of a cost burden for those patients on a fixed income. We urge the Committee to consider those that are most impacted by these costs and adjust the cap ...
Health Plan Rule Change Could Increase Patient Costs
Washington, D.C.—The Department of Health and Human Services (HHS) this week finalized the 2021 Notice of Benefit and Payment Parameters, which sets the rules for health care plans in the coming year. Included in the rule is a provision that would ... people who qualify for zero-premium plans through the health exchange. A statement from the American Cancer Society Cancer Action Network (ACS CAN) follows: “Allowing health plans to choose to ignore co-pay coupons in calculating a person’s total out-of-pocket drug costs could ...