Biden announced the first 10 prescription drugs subject to price negotiations with Medicare.

It’s estimated to cut prices for certain drugs by half — leading to savings for seniors.

Big Pharma has of course sued.

If you wanted a sign that this is good policy, look no further.

Robert Reich (@[email protected])

Biden announced the first 10 prescription drugs subject to price negotiations with Medicare. It’s estimated to cut prices for certain drugs by half — leading to savings for seniors. Big Pharma has of course sued. If you wanted a sign that this is good policy, look no further.

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We May Not Negotiate Prices for Ten Drugs After All

Rules that exempt drugs from Medicare negotiation if there’s ‘meaningful’ generic competition could whittle down the effect of the program.

The American Prospect