Biden proposes expanding Medicare drug negotiation program

(By Rachel Cohrs for STAT)

WASHINGTON — The Biden administration will propose expanding Democrats’ new drug pricing law by allowing Medicare to negotiate prices for more drugs, making drugs eligible for negotiation sooner, and expanding penalties for drug price hikes to the commercial market in its budget this year, according to a summary. Continue reading here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org