The Biden bill limits drug price increases for privately insured people, but not everyone agrees.

December 3, 2021

The Biden bill limits drug price increases for privately insured people, but not everyone agrees. WASHINGTON — A little-noticed provision in President Joe Biden’s sweeping social agenda bill will save workers and families with private health insurance money on prescription drugs. It’s intended to break the cycle of annual price hikes for commonly used medications. If drug prices rise faster than inflation, the provision would require drug companies to pay Medicare rebates.

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2021-11-21 18:06:26

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