Senate Dems call to add Medicare drug price negotiations to reconciliation bill; Certara signs $310M buyout of software company
Don’t forget to include drug pricing reforms in the upcoming $3.5 trillion reconciliation bill, Sens. Amy Klobuchar (D-MN), Dianne Feinstein (D-CA) and 10 of their colleagues urged Senate leaders Chuck Schumer, Bernie Sanders and Ron Wyden in a letter Thursday.
Democrats are hard at work on two major bills: one related to infrastructure, which could pass the Senate as early as today, and the other related to different spending projects and which will be passed via reconciliation, meaning the Democrats only need a simple majority and not the usual 60 votes. It’s the reconciliation bill that may allow Medicare to negotiate drug prices, a planned move that could save the federal government hundreds of millions, but which has already spurred lobbying group PhRMA to run a seven-figure ad campaign against it.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.