Draft Pelosi Bill Melds Gov’t Negotiation, Int’l Price Index; Drops Arbiter

By John Wilkerson / September 9, 2019 at 9:51 PM
A draft of House Speaker Nancy Pelosi’s Medicare price negotiation bill circulating among lobbyists calls for using international prices as an upper limit for what Americans pay for drugs and imposing harsh penalties to keep drug makers at the negotiating table, instead of relying on a third-party arbitrator as a backstop to negotiation. The draft bill would let Medicare negotiate prices on 250 drugs, which would be chosen based on their cost to the health care system and whether they...

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