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Biden proposes expanding Medicare drug negotiation program

Summary by Ground News

Biden administration will propose expanding Democrats' new drug pricing law. Drug makers have been pushing to move the Medicare negotiation program in the opposite direction. The administration estimates the changes would save the federal government $200 billion over 10 years, and proposes using those funds to help shore up the Medicare hospital trust fund.

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Biden proposes expanding Medicare drug negotiation program

The Biden administration wants to expand Democrats’ new drug pricing law by allowing Medicare to negotiate prices for more drugs.

2 years ago·Boston, United States

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Pennsylvania NY NJ Biotech Networks

STAT+: Pharmalittle: Biden proposes expanding Medicare drug-price negotiation; Weight Watchers moves into obesity drug market – Pennsylvania NY NJ Biotech Networks

2 years ago

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STAT broke the news in Boston, United States 2 years ago on Tuesday, March 7, 2023.

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