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Bloomberg Government: HEALTH CARE BRIEFING: Pelosi Pushes Drug Pricing in Budget Bill
HEALTH CARE BRIEFING: Pelosi Pushes Drug Pricing in Budget Bill
This article features our clients Laurie Elkin and Justin Mulaire and was originally published here.
Speaker Nancy Pelosi (D-Calif.) said yesterday she is pushing to attach legislation to tackle drug prices to the major budget bill carrying most of President Joe Biden’s $4 trillion economic agenda in the coming months.
She slammed drug companies for the level of stock buybacks and dividends in recent years and argued that cuts to drug prices will not harm research and development spending given new findings on buybacks.
HEALTH CARE BRIEFING: Pelosi Pushes Drug Pricing in Budget Bill bgov.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bgov.com Daily Mail and Mail on Sunday newspapers.
An agreement on infrastructure emerges. Wyden releases drug pricing principles. Upton and DeGette introduce long-awaited ‘Cures 2.0’ draft legislation. Us Set to miss July 4 vaccination goal.
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VICTORIA, British Columbia, May 31, 2021 /PRNewswire/ Somewhere within 3% of the United State s GDP - more than $10,000 for each person, on average - is spent paying end user costs for prescription medication each year. High prescription medication costs are a harsh reality for the average American, and these days relief from paying high costs for life-saving medication is needed more than ever. The July 2020 White House Executive Order was supposed to initiate a solution for more affordable drug options for Americans. But many medications are now no longer covered under Medicare Part D, so Americans are looking beyond the border at international pharmacies like Canada Drugs Direct to pay less when having their prescriptions filled.