“Speaker Nancy Pelosi rolled out her much anticipated drug pricing plan today, calling for Medicare to negotiate prices on at least 25 medicines, with an option for commercial insurers to take advantage of the deals,” Politico reports.
“The plan is less ambitious than an outline of the bill, H.R. 3, that was leaked last week. Earlier discussions envisioned mandating that 250 drugs be subject to negotiations each year. Instead, 250 would be the ceiling rather than the floor, likely disappointing progressives. The government would be directed to target drugs that account for the highest costs to Medicare and the entire U.S. health care system, taking into account both the price of medicines and the volume sold in the U.S.”
Playbook: “House Republican leaders are already calling this socialism.”Save to Favorites