Biden bud­get wants to more than dou­ble num­ber of ne­go­ti­at­ed drugs un­der Medicare, and elim­i­nate he­pati­tis C

Pres­i­dent Joe Biden on Thurs­day un­veiled his 2024 bud­get, which is packed with lofty goals that may nev­er see the light of day be­cause Con­gress con­trols the fed­er­al purse strings and Re­pub­li­cans con­trol the House.

Even still, the wide-rang­ing bud­get looks to im­me­di­ate­ly build off the In­fla­tion Re­duc­tion Act by rapid­ly ex­pand­ing the num­ber of drugs that will be ne­go­ti­at­ed and de­creas­ing the amount of time that small and large mol­e­cule drugs will go with­out ne­go­ti­a­tions, from 10 years for small mol­e­cules and 13 years for bi­o­log­ics to just five years for both small and large mol­e­cule drugs.

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