Jul 7, 2022
AARP Encouraged by Proposals to Lower Prescription Drug Prices and Improve Medicare Solvency

WASHINGTON—AARP Executive Vice President and Chief Advocacy and Engagement Officer Nancy LeaMond issued the following statement in response to reports that the Senate reconciliation bill will extend the solvency of the Medicare program:

“The reforms coming together in the reconciliation bill will save seniors money at the pharmacy and help ensure that Medicare will be there for them when they need it. With millions of Americans struggling to afford groceries and gas, it is even more important that Congress focus on lowering drug prices and strengthening Medicare for families across the country. We are pleased to see the proposal from Senator Schumer to improve the health of the Medicare Trust Fund and help protect the benefits that millions of Americans have paid into and earned.

“AARP’s top priority this summer will be passing legislation that finally cracks down on the high cost of prescription drugs, lowers health care costs for families, and protects and strengthens Medicare for years to come.”

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About AARP
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.orgwww.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.

For further information: Amanda Davis, adavis@aarp.org, 202-434-2560