Titus Applauds Agreement to
Lower Prescription Drug Prices
Congresswoman
Dina Titus of Nevada’s Third District applauded the announcement of an agreement
to reduce the out-of-pocket costs for prescription drugs for America’s seniors
and people with disabilities enrolled in Medicare.
“With too
many Nevada seniors and people with disabilities falling into the donut hole
that leaves them paying high out-of-pocket costs for prescription drugs, today’s
announcement is welcome news,” Congresswoman Titus said. “For too long,
Nevada’s seniors living on a fixed income have been forced to choose between the
life-saving drugs they need and other basic necessities. It is long past time
we fix this flaw in the Medicare prescription drug program.”
Under the
agreement, Medicare beneficiaries who fall into the donut hole will receive a
discount of at least 50 percent on their prescription drugs, saving $80 billion
over the next 10 years. The donut hole is a gap in Medicare coverage for
prescription drugs. Beneficiaries receive coverage under Medicare for
prescription drug costs up to $2,700. Once seniors and people with
beneficiaries spend more than that amount, they do not receive coverage until
their costs exceed $6,100.
Nevada to
Receive an Additional $51 Million in Unemployment Funding
Congresswoman
Dina Titus of Nevada’s Third District announced today that more than $51 million
in unemployment insurance funds have been released for Nevada through the
American Recovery and Reinvestment Act. The money, approved for release by the
Department of Labor, can be used for basic unemployment benefits or for
administrative costs of the program.
“This is
a difficult time for the record number of Nevadans currently out of work. The
additional $51 million in unemployment funds through the recovery package will
help Nevadans with critical assistance while we redouble our efforts to create
jobs and get people back to work,” Congresswoman Titus said. “The economic
crisis this Congress inherited has taken a great toll on Nevada, but we are
working every day to turn our economy around.”
Today’s
announcement of $51,291,608 for Nevada is in addition to $25 million that was
released earlier this month for unemployment insurance.
