Wednesday, July 6, 2022
Will Congress Pass Medicare Drug Negotiated Pricing?
Last week Roll Call reported that the "Senate draft[ed] [a] last-ditch drug pricing plan ahead of midterms." This would allow "Medicare [to] negotiate prices directly with manufacturers for some prescription drugs ahead of the midterm elections, according to a summary of the plan obtained by CQ Roll Call." This was an integral part "of Democrats’ sweeping social spending and climate bill after intra-party divisions killed the original legislation" the article reports. The article describes the proposal. Since there's only about 3 weeks before the August recess, we'll know the outcome soon.