Susan Collins: High Cost of Prescription Drugs ‘Is a Major Problem in Our Country, Particularly for Our Seniors’

‘One of the things that we need to do is to deal with our patent system’

EXCERPT:

CAMEROTA: "OK. Tell us about this hearing that you are having that affects so many Americans’ health."
COLLINS: "I’m holding a second hearing today on the high cost of prescription drugs. This is a major problem in our country, particularly for our seniors, 90 percent of whom take at least one prescription drug. Yesterday, we heard the voices of patients who told us that they simply could not afford because the prescription drugs they need to maintain their health or they have gone deeply in debt in order to do so. That just isn’t right. There are a number of actions that we could take to help make the whole system more transparent and to put pressures on the marketplace to lower the cost of prescription drugs. Today, we’ll hear from a panel of experts who will give us their policy advice for solutions in this area."

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