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While I recognize the great value and importance of prescription drugs and strongly support a continued U.S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.
We have a fee-for-service system that rewards quantity, not quality: profit-driven care rather than patient-driven care. So doctors order more tests, more procedures, and more drugs - we actually consume more prescription drugs in the U.S. than the rest of the world combined.
I worked diligently alongside our labor community to ensure that the priorities of our community were reflected in the USMCA, helping to secure strong enforcement mechanisms, protections for workers and the environment, and provisions to lower the skyrocketing cost of prescription drugs.
Women should use pain medication only as directed and talk with their doctor about all drugs they're taking, including over-the-counter medications. Store prescription drugs in a secure place and properly dispose of them as soon as treatment is over. And never share prescription drugs with anyone else.
President Obama is closing the prescription drug doughnut hole. He strengthened Medicare! He extended the life of the program by eight years. And what Governor Romney and Congressman Ryan won't admit is that their plan would require current seniors to pay, on average, $600 more each year for prescription drugs.
No one wants to go back to a situation where, if you have a pre-existing medical condition, you, you can be deprived of coverage. No one wants to go back to a situation where, if you get seriously ill, you can get thrown off your insurance. Seniors don't want to go back to paying more for their prescription drugs.
More than five million seniors have already saved money on their prescription drugs, and almost 33 million have benefited from free preventive services. The president cracked down hard on Medicare and health care fraud, recovering a record-breaking $10.7 billion over the last three years, protecting our seniors. That's what change looks like.