Biden: in 1922, blood pressure drug … Medicare patients, but no drug avail & Medicare 1965 as law

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#shorts Biden said, “Look, in 1922, the price for one blood pressure drug that millions of Medicare patients — beneficiaries rely on went up one — went up by 500 percent. Five hundred percent. Another drug used to treat autoimmune conditions increased by $1,000 this year. One thousand dollars. Those of you who are on it, you’ll know what I’m telling you to be true. It’s outrageous.” On 10/15/2022, President Joe Biden delivered remarks on ‘lowering costs for Americans families’ at the East Portland Community Center in Oregon. Biden arrived to Portland, Oregon after a brief stop in Southern California.

However On July 30, 1965, President Lyndon Johnson traveled to the Truman Library in Independence, Missouri, to sign Medicare into law.

Key Points

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#shorts Biden said, “Look, in 1922, the price for one blood pressure drug that millions of Medicare patients — beneficiaries rely on went up one — went up by 500 percent

• Another drug used to treat autoimmune conditions increased by $1,000 this year
• Those of you who are on it, you’ll know what I’m telling you to be true
• ” On 10/15/2022, President Joe Biden delivered remarks on ‘lowering costs for Americans families’ at the East Portland Community Center in Oregon