Biden releases prescription drug plan that would let government negotiate drug prices

The Biden administration released a prescription drug plan on Thursday that backs congressional Democrats’ push to let Medicare negotiate drug prices. President Joe Biden’s plan is short on the specifics about how the federal government would negotiate prices. Legislation advanced by House Democrats would empower the Department of Health and Human Services to negotiate prices for the 125 drugs that account for the highest spending under Medicare.

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2021-09-09 15:18:58