19 September 2019 - In gridlocked Washington, both Democrats and Republicans have signalled there's potential for a deal when it comes to lowering prescription drug prices. 

Now, there's an idea both Congressional Democrats and the White House seem to like: They want to base U.S. prices on something called an international price index.

"The basic idea is to peg what the United States pays for a particular drug to the price paid in some set of other countries," says Rachel Sachs, an associate professor of law at Washington University in St. Louis who specialises in drug pricing policy. "There are many different ways to identify other countries, and there are many different ways in which that international reference price could be used to negotiate for a price here."

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