Congressman Kenny Marchant (R-TX), Congressman Pete Olson (R-TX), Congresswoman Nanette Diaz Barragán (D-CA), and Congressman John Lewis (D-GA) today acted to help ensure access to affordable medications for low-income families. They introduced H.R. 3029, the Improving Low Income Access to Prescription Drugs Act, which would permanently authorize the Limited Income Newly Eligible Transition (LI NET) Program. This Program provides temporary prescription drug coverage for low-income beneficiaries, eliminating gaps in coverage while they apply for Medicare Part D drug coverage. The current pilot program, which expires in September 2019, saved $300 million in healthcare costs over ten years and is less disruptive to folks who need access to prescription drugs.
“Finding solutions that keep seniors healthier and keep their drug prices lower is one of my main goals as a member of Congress, and is why I am proud to introduce this bill today alongside a bipartisan group of my colleagues to permanently reauthorize the LI NET program,” said Congressman Marchant. “Many families who suffer a reduction in income have come to depend on the LI NET program to stay afloat financially, and this legislation will provide them with extra peace of mind as they transition to Medicare Part D.”
“When a family suffers a reduction in income, the LI NET Program helps ensure these families maintain needed prescriptions as they transition to Medicare Part D,” Congressman Olson said. “As we continue to tackle prescription drug prices, this program provides a critical backstop for families in need of help. Folks shouldn’t have to worry if they can afford needed medications during this transition. I urge my colleagues to support this bill and get it to the House floor as quickly as possible.”
“Far too many families across America already struggle to afford their prescription drugs,” said Congresswoman Barragán. “By making the LI Net Program permanent, we can continue to provide transitional prescription drug coverage for low-income individuals. I’m proud to introduce this bipartisan bill with my colleagues and look forward to advancing our work to help all Americans get the medications they need.”
In 2018, the LI NET Program helped almost 800,000 Americans, including 41,350 Texans.