Democrats and Republicans Unite in Pushing for Medicare Negotiation Legislation, Could Save $500 Billion

July 26, 2021

CMS_fundingopportunityBipartisan support is building for legislative mechanisms that would lead to reduced healthcare costs in the United States. One key proposal includes negotiation of prescription drug prices by Medicare.

“Senators working to keep the bipartisan infrastructure deal alive are zeroing in on Medicare prescription drug rebate formulas to offset up to $60 billion of the $1.2 trillion package, people familiar with the matter tell Axios.” Read more here.

(Source: Hans Nichols, Axios, 7/18/21)

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