Biden pro­pos­es ex­tend­ing Medicare price ne­go­ti­a­tions to more drugs

The White House put out word this morn­ing that as part of its cam­paign to keep the Medicare pro­gram for se­niors sol­vent, its new­ly formed drug price ne­go­ti­a­tions should be ex­tend­ed to even more drugs and take ef­fect more quick­ly.

Build­ing on the In­fla­tion Re­duc­tion Act, which gave Medicare the au­thor­i­ty to ne­go­ti­ate prices for a se­lect num­ber of high-cost drugs (build­ing up to 60 by 2029), Pres­i­dent Joe Biden said in a state­ment that his bud­get

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