With a new president and a new Congress, it's time for Medicare drug price negotiation

The Hill

20 January 2021 - Since passage of the Medicare Modernization Act in 2003, which prohibited Medicare from negotiating prescription drug prices, seniors and their advocates have demanded that lawmakers take further action to lower drug costs for beneficiaries. 

But pharmaceutical industry lobbying and divided government have nullified earnest legislative attempts. Now, with Democrats poised to lead the White House, House, and Senate for the first time since 2010, it's time for change. 

Moving forward, there must be swift action to tame the punishing prices that force seniors to forgo necessary medications, to ration pills, or to choose between prescription drugs and other essentials — like rent and groceries.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Medicare , Pricing