Posted by Michael Wonder on 07 Jul 2021
Sanders, progressives face split with centrists over plan to cut drug prices in Medicare
7 July 2021 - Those seeking bipartisan measure say empowering Medicare to negotiate for lower prices could hurt innovation.
Democrats are debating whether to fold an effort to cut drug prices—by allowing Medicare to negotiate—into a budget package or try to pass the measure on its own.
Both parties have prioritised lowering prescription drug prices for years, but haven’t been able to pass a bipartisan agreement. Many Democrats now see a budget package, which could clear the evenly divided Senate with just a simple majority, as their best shot at overhauling the system.
