About PhRMA
The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are laser focused on developing innovative medicines that transform lives and create a healthier world. Together, we are fighting for solutions to ensure patients can access and afford medicines that prevent, treat and cure disease. Over the last decade, PhRMA member companies have invested more than $850 billion in the search for new treatments and cures, and they support nearly five million jobs in the United States.
Connect with PhRMA
For information on how innovative medicines save lives, please visit:
www.PhRMA.org
www.VotersforCures.org
www.AmericasMedicines.com
www.Facebook.com/PhRMA
www.X.com/PhRMA
Many Medicare beneficiaries struggle to afford the medicines they need, even as insurers and pharmacy benefit managers (PBMs) in the Part D program receive significant rebates from drug manufacturers that lower the prices they pay for medicines.
"Share the Savings: If Insurers Don’t Pay Full Price for Medicines, Seniors Shouldn’t Either" image
Fact Sheet
Insurance Coverage
Share the Savings: If Insurers Don’t Pay Full Price for Medicines, Seniors Shouldn’t Either
"Share the Savings: If Insurers Don’t Pay Full Price for Medicines, Seniors Shouldn’t Either" image