Centrists throw wrench in House Democrats’ drug pricing plans

An intraparty fight over drug price controls is threatening to derail Democrats’ dreams of sweeping changes to Medicare, Medicaid and the Affordable Care Act as part of their mammoth social spending package.
House Energy and Commerce Chair Frank Pallone (D-N.J.) and his senior aides are racing to shore up support for leadership-backed language that would allow direct government negotiations over the prices of hundreds of drugs, penalize manufacturers that raise prices faster than inflation and apply both policies to private insurance plans as well as Medicare.
Efforts to wrap the language into the House Democrats’ party-line social spending bill …

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2021-09-14 22:09:06