Pelosi drug pricing plan would let government negotiate most costly medicines

Washington Examiner

9 September 2019 - The government would be allowed to directly negotiate the prices for some of the most expensive prescription drugs under a policy proposal from House Speaker Nancy Pelosi that aligns much closer to to liberal goals than expected.

A six-page draft summary of the proposal that is circulating among lobbyists was obtained Monday by the Washington Examiner. The plan would lift the current prohibition preventing the secretary of the Department of Health and Human Services from negotiating drug prices, meaning that it's likely to be a non-starter from Republicans and face fierce industry opposition.

While the plan wouldn't allow for the government to negotiate the prices of all drugs, it would allow for the secretary to directly negotiate the top 250 most expensive brand-name drugs, as long as they lack at least two generic alternatives.

Read Washington Examiner article

Michael Wonder

Posted by:

Michael Wonder

Posted in:

Medicine , US , Regulation , Pricing