Biden Administration unveils plan to cut prescription drug prices

Wall Street Journal

9 September 2021 - The Department of Health and Human Services plan supports legislation to empower the government to negotiate Medicare drug prices.

The plan, which was released Thursday, backs legislation from congressional Democrats, including a push to empower the federal government to negotiate for drug prices in Medicare and pass those lower costs along to the private sector. 

The road map goes further, however, by outlining administrative actions by agencies and departments that could come in concert with possible legislative changes.

Read Wall Street Journal article

Michael Wonder

Posted by:

Michael Wonder

Posted in:

Medicine , US , Regulation , Medicare , Pricing