Live Coverage: Biden addresses efforts to decrease health care expenses

On Wednesday, President Biden and Sen. Bernie Sanders (I-Vt.) will address reporters at the White House to discuss the cost cap for inhalers implemented by various pharmaceutical companies. The aim is to make these essential breathing devices more affordable for Americans.

In a letter sent by Sanders and other Senate Democrats, they urged drug manufacturers to reassess the pricing of inhalers. The cost of one inhaler in the U.S. was as high as $645, significantly more than what consumers in the United Kingdom were paying. This significant price difference prompted calls for change.

Moving forward, patients in the U.S. will not have to pay more than $35 out-of-pocket for an inhaler, making it more accessible to those who rely on these devices for their health. This is a significant step towards ensuring that all Americans can afford essential medications they need to stay healthy.

President Biden and Senator Sanders, along with health professionals, will be addressing the media at 11:00 a.m. EDT to discuss this initiative further. It is important to keep in mind that this material is copyrighted by Nexstar Media Inc., and cannot be published, broadcast, rewritten or redistributed without permission.

The implementation of this cost cap is expected to greatly improve accessibility to critical medication for millions of Americans who rely on inhalers for their health and wellbeing.

The move comes after months of advocacy from patient groups and politicians alike, who have called for greater transparency and fairness when it comes to drug pricing.

During his time at the White House, President Biden has made healthcare affordability a top priority, working tirelessly to lower costs for American families.

With this initiative, he continues his efforts towards ensuring that all Americans have access to affordable healthcare and medication they need.

By Sophia Gonzalez

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