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Healthcare Update: Infrastructure, Cost Sharing & Vaccination Goal

Sen Grassley Determined to Lower Prescription Drug Prices

Senator Charles Grassley (R) hopes he can get his bipartisan legislation to reduce prescription drug prices passed in the new administration. Grassley reintroduced the Prescription Drug Pricing Reduction Act of 2020 last summer which he shares has had a bumpy journey, “Two years ago, when I was chairman of the Finance Committee we got a bill to reduce prescription drugs out of committee and by a wide margin, 19-9. And we didn’t get it up because of opposition from Senator [Mitch] McConnell to begin with and then for political purposes [Senator Chuck] Schumer stepped in and told [Senator Ron] Wyden, my cosponsor, that he didn’t want to pass before the election. So I’m hoping that since President Biden’s got the same opinion on reducing prescription drugs as what Trump had that we’ll be able to move a bill.”

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