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.