McConnell warns Pelosi's drug pricing plan is DOA

Politico

19 September 2019 - Senate Republicans are warning Speaker Nancy Pelosi that her much-anticipated drug pricing plan is dead and will not be considered in the Senate.

In an interview, Senate Majority Leader Mitch McConnell ruled out any action on the bill, which would call for Medicare to negotiate drug prices for a minimum of 25 medicines and target drugs that cost the American health system the most. Pelosi rolled out the plan on Thursday to intense opposition from the drug industry, and McConnell.

“Socialist price controls will do a lot of left wing damage to the health care system. And of course we’re not going to be calling up a bill like that,” McConnell said on Thursday afternoon.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing