Negotiators Reach A Deal On TPP – Alliance Members Focus On Stopping It
After five years of secret negotiations, representatives from 12 Countries have come to an agreement on the Trans-Pacific Partnership (TPP) Trade Deal. If implemented, the deal would allow drug companies to lock in patent protections on critical medications for Seniors, making it more difficult to get generics on the market. It could also open Drug Subsidy Programs under Medicare and Medicaid to challenges in secret international tribunals. The Alliance For Retired Americans has already begun focusing on plans to stop the TPP, including: Passing resolutions at the local level; Preparing activists for the fight ahead; and Educating members on the issue. “The Alliance opposes the TPP because it ‘favors’ pharmaceutical companies ‘over’ American Seniors and Retirees,” Alliance President Robert Roach, Jr. said. “For example, it could ‘jeopardize’ the government’s ability to list and price Prescription Drugs in public programs, such as Medicaid, that are ‘essential’ to millions of Seniors and Disabled People.”
Hillary Clinton Joins Sanders & O’Malley In Opposing TPP
In an interview with PBS Newshour last week, former Secretary of State and U.S. Senator Hillary Clinton said she is not in favor of the Trans-Pacific Partnership (TPP) Trade Agreement. “As of today, I am not in favor of what I have learned about it,” Clinton said, later adding, “I don’t believe it’s going to meet the ‘high bar’ I have set.” Clinton is the third Presidential Candidate competing for the Democratic nomination to come out against the Trade Deal, joining U.S. Senator Bernie Sanders and former Governor Martin O’Malley. This summer, Congress approved Fast Track Legislation that allowed the deal to be subject to an up-or-down vote without any amendments and with limited debate. Former U.S. Senator Jim Webb was against Fast Track Authority. A final vote on TPP is expected early next year.
House, Senate Democrats Propose Fixes To Medicare Part B Premium Increase
Last week, House and Senate Democrats introduced bills (H.R. 3696 and S. 2148) that would protect Medicare Part B Beneficiaries from a 52% increase in their premiums next year. About 30% of the 51 million Americans who benefit from Medicare Part B would otherwise be affected by the massive change, which would raise premiums from $104.90 monthly to $159.30 if Congress does nothing. Deductibles for all Medicare Recipients would increase from $147 to $223. At a press conference in front of the Capitol building, Ron Thompson, who serves as President of the Virginia Alliance for Retired Americans, delivered remarks strongly urging Congress address the issue promptly. “I’m trying to change my financial plans based on this increase to my Medicare Premium, but it won’t be easy,” Thompson said. “Right now, I don’t know what I’m going to do to make up the difference.” House Democratic Leader Nancy Pelosi (Democrat-California), U.S. Representatives Xavier Becerra (Democrat-California), Joe Crowley (Democrat-New York), Jan Schakowsky (Democrat-Illinois), Sander Levin (Democrat-Michigan) and Doris Matsui (Democrat-California) spoke in support of the House bill. Alliance Executive Director Richard Fiesta was also present to show support. “The ‘higher costs’ for Medicare Beneficiaries would come as Health Care Costs are ‘rising,’ and just as the federal government is saying that Seniors ‘don’t need’ a Social Security Cost-of-Living adjustment next year,” Fiesta said. If you’ve not done so already, please sign our petition demanding that Congress act to prevent skyrocketing Medicare Premiums and Deductibles.
Minnesota Alliance Stands Up To Drug Company Giveaway
Last week, members of the Minnesota Alliance for Retired Americans and allies held a rally and press event to raise awareness about the Pharmaceutical Industry’s effort to secure a special exemption from the Inter Partes Review (IPR) process. A spokesperson from U.S. Representative Keith Ellison’s (Democrat-Minnesota) office delivered remarks. IPR was put in place to prevent companies from taking advantage of illegitimate patents and to promote fair competition within the marketplace. By claiming an exemption from this process, drug companies would be able to extend their existing patents by making small changes to the drug’s formula or method of administration, rather than improving the drug’s overall effectiveness. This would prevent affordable generic versions of drugs from becoming available to consumers, driving up prices for everyone and costing taxpayers billions. “Americans ‘already pay’ the ‘highest’ prescription drug prices in the world,” Alliance Secretary-Treasurer Joseph Peters, Jr. said. “Congress should ‘stand up’ for American Seniors and ‘oppose special treatment’ for drug companies in the IPR process.”