Medicare drug pricing debate pits savings against innovation

Wall Street Journal

11 October 2021 - Proposal to allow Medicare to negotiate for lower prescription drug prices is central to Democrats’ health care, child care, education and climate package.

Much of the debate on Capitol Hill over whether to allow Medicare to directly negotiate with pharmaceutical companies centers on one question: how government intervention would affect drug makers’ ability to develop new treatments.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing , Innovation