Wyden Says Congress Must Curb Rx Price Growth With Value Purchasing

Sen. Ron Wyden (OR), ranking Democrat on the Senate Finance Committee, said Tuesday (June 28) that Medicare and Medicaid should pay for drugs based on their value, and he believes it's possible for the two parties to negotiate a value-based pay policy. However, he warned doing so will be difficult and said he doesn't know how drug price legislation will come about. “I believe Medicare and Medicaid are going to lead reforms on pharmaceuticals,” he said at a National Journal...