Washington, Aug. 31 -- Congressman Gus Bilirakis issued the following press release:
WASHINGTON, D.C. - Congressman Gus Bilirakis (R-FL), a senior member of the House Energy and Commerce Committee, introduced the Part D Premium Protection Act of 2026, legislation designed around a simple principle: when Washington provides relief from rising prescription drug premiums, the benefit should go to seniors - not insurance companies. The Biden Administration created the temporary Part D Premium Stabilization Demonstration after changes made under the Inflation Reduction Act threatened to drive premiums sharply higher for seniors enrolled in stand-alone Medicare prescription drug plans. The demonstration lowered premiums for beneficiaries, but it...