Biden says Medicare should negotiate prices for at least 50 drugs each year, up from a target of 20

CNBC News

6 March 2024 - That proposal is one of several new health care policy plans Biden will outline during his State of the Union address Thursday.

President Joe Biden on Wednesday said the federal Medicare program should negotiate prices for at least 50 prescription drugs each year, up from the current target of 20 medicines.

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Michael Wonder

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Michael Wonder

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Medicine , Regulation , Medicare , Pricing