After Congress abandoned President Biden’s Build Back Better bill, fixed-income seniors will now pay the highest prices ever for Medicare. Drug companies hiked the prices of hundreds of drugs at the start of 2022, playing a huge role in these price increases. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live Read more HERE: https://www.commondreams.org/news/2022/01/10/good-news-seniors-becerra-orders-medicare-reassess-premium-hike “As the head of the U.S. Department of Health and Human Services announced Monday that he was ordering a review of a planned 15% hike in the Medicare Part B premium for 2022, healthcare reform advocates stressed the need for Congress to pass a Build Back Better bill with a provision allowing the federal government to negotiate the price of prescription drugs. HHS Secretary Xavier Becerra said that he was instructing the Centers for Medicare and Medicaid Services (CMS) "to reassess the recommendation for the 2022 Medicare Part B premium"—a hike that progressive critics said was largely the result of the pharmaceutical industry's outrageous profiteering. Alex Lawson, executive director of the advocacy group Social Security Works, called Becerra's announcement "good news for seniors.”" *** The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET. Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/subscription_center?add_user=theyoungturks
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