White House Wants Inflation, Medicaid Drug Rebates In Budget Deal

The White House asked Democrats late Thursday (July 19) to include in a budget deal Senate Democratic drug-pricing policies that would save the government $115 billion, multiple sources say. The drug proposal likely includes policies being discussed in the Senate Finance Committee that would make drug makers pay back Medicare for price hikes higher than inflation and raise the rebate cap in Medicaid. Ranking Finance Democrat Ron Wyden (OR) is pushing the inflationary rebates in Medicare Part D and Part...