Pelosi unveils signature plan to lower drug prices
By Peter Sullivan - 09/19/19 09:00 AM EDT
Speaker Nancy Pelosi (D-Calif.) on Thursday unveiled her long-awaited plan to lower prescription drug prices, one of the top priorities for Democrats this year.
The plan would allow the Secretary of Health and Human Services to negotiate the price of up to 250 drugs per year, and the lower prices would apply to people both with private insurance and those on Medicare.
The plan is far-reaching and significantly left of center, which would likely make it very difficult to get passed through the Republican-controlled Senate, and there are still some concerns from progressives in the House that the plan does not go far enough.
Pelosi’s office, though, hopes that if President Trump supports the plan it would put pressure on congressional Republicans to support the measure as well. Trump has railed against high drug prices, but his support of the Speaker's plan is far from assured.
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https://thehill.com/policy/healthcare/462119-pelosi-unveils-signature-plan-to-lower-drug-prices
