WASHINGTON — Republicans on Monday are set to accelerate Capitol Hill’s drug pricing chaos with a new proposal to lower the cost of prescription medicines, according to a summary document obtained by STAT. It’s intended to compete with a Democratic package from House Speaker Nancy Pelosi that is expected to come up for a vote this week.
The Republican lawmakers’ new proposal includes a collection of bipartisan proposals collectively rebranded as the “Lower Costs, More Cures Act.” The House bill, according to Republican aides, is a “good-faith effort” to overcome partisan drug pricing squabbles, and includes a number of provisions that could conceivably become law before the end of 2019.
The bill ignores the Pelosi bill’s most aggressive elements, like allowing Medicare to directly negotiate the price of between 35 and 250 drugs and using an international benchmark to cap payments in the U.S.
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And the PBM’s still go UNDER THE RADAR OF OUR LEGISLATORS !!!!!!
I don’t get it, Unless our legislators pass laws to govern the PBM’s , drug prices
will never go down ! PBM’s are the reason for high drug prices !!! I guess
contributions talks and bullshit walks !!!!