STAT+: Democrats already want to expand Medicare drug price negotiation
Democrats put out a blueprint for how they hope to expand on a Medicare drug pricing law if they take back control of the House in 2024.
WASHINGTON — It’s drug pricing déjà vu: Just as they did in 2019, House Democrats are pushing a bill that would allow Medicare to negotiate dozens of drug prices a year, offer those prices to all insurers, and crack down on price hikes.
Unlike then, Democrats have a starting place: the new bill represents an expansion of the major drug pricing legislation the party passed last year. But the first round of drug price negotiations hasn’t even started yet, and the law is under attack from the pharmaceutical industry in court.
The Democratic leaders of three key House committees put forth the proposal Wednesday.
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