REPORT: Pelosi draft plan would allow negotiation on 250 drugs per year

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BY TEAM DML / SEPTEMBER 9, 2019 /

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:

A draft plan to lower drug prices from House Speaker Nancy Pelosi (D-Calif.) would allow the secretary of Health and Human Services (HHS) to negotiate on 250 drugs per year, according to a summary circulating on Capitol Hill and among lobbyists and obtained by The Hill.

The summary of the House Democrats’ signature plan to lower drug prices, one of their top priorities this year, is a bolder proposal than many expected.

The article goes on to state the following:

It says that the prices negotiated by the HHS secretary would apply to the private market as well, not just Medicare, as Democrats often call for. There would also be a steep penalty for drug companies that refused to negotiate with HHS: a fee of 75 percent of the gross sales of the drug in question from the previous year.

Henry Connelly, a Pelosi spokesman, said the speaker’s office continues “to engage members across the caucus as the committees of jurisdiction work to develop the boldest, toughest possible bill to lower prescription drug prices for all Americans.”

According to reporter Lauren Clason, “the Speaker’s office says the version [of the plan that was leaked] is outdated.”

To get more information about this article, please visit TheHill.com. To weigh in, leave a comment below.

DML News App offered you the above aggregated article preview as part of our ongoing effort to educate and inform people around the world about news, events, and politics. We encourage you to obtain additional information by visiting TheHill.com

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2 Comments

  1. Francine September 9th, 2019 at 11:31 pm

    Sure we trust that, with the pharm lobbyist & all the big money given to these corrupt politicians I can just imagine what 250 it would be…like unknown, rarely needed medications. It’s always let’s deceive the American people.

    Reply

  2. James Bagwell September 10th, 2019 at 8:49 am

    Why just 250 medications? Why don’t we go for an across the board cut. One of my type 2 diabetes medication cost $500 dollars a month for just 30 pills. There needs to be something done to rein in these cost, not for me but for our older citizens on fixed income. These medications cost place an undue burden on our country’s citizens and the politicians don’t care. All we ever heard out of them until President Trump came along was lip service. He has proven things can get done and we don’t have to wait decades for them to happen. The real American people will never put up with the stone walling again from these professional politicians like before.

    Reply

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