Senate Republicans seek to repeal new government drug price negotiations
With the midterm elections approaching next month and Republicans likely to win back control of either the House, Senate or both, Republican Sens. James Lankford (OK) and Mike Lee (UT) recently introduced a bill that would gut the Democrats’ recent drug pricing victory.
That new law will allow for drug price negotiations, and even potentially price controls (via the threat of steep fines), for a sliver of the most expensive drugs for seniors, all of which will have already been on the market for years.
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