Lateish last night:
Ron Wyden said drug pricing remains under discussion:
"We're trying to make sure that these prescription drugs aren't a financial ball and chain that seniors and others are carrying around. So here's what are the kind of key pieces in terms of where we are
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Ron Wyden said drug pricing remains under discussion:
"We're trying to make sure that these prescription drugs aren't a financial ball and chain that seniors and others are carrying around. So here's what are the kind of key pieces in terms of where we are
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"[Let] Medicare negotiate. We're talking an authority in part B and Part D. Every insulin product in Part D would be available at a low cost and insulin prices would be negotiated by the government. Inflation caps.
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"This is what came out of the Finance Committee, as you know, that limit drug manufacturers from engaging in price gouging and we're talking about both Medicare and the commercial market. An out of pocket cap to spare a seniors from high drug costs
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"looking at $2,000 to spare seniors from high drug costs as well as a monthly out of pocket cap that would limit their upfront costs that are forcing seniors every day to make these tough financial decisions.
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"And then finally redesign of Part so [pharmacy benefit management] middlemen can't game the system by driving up the prices. And we got to move towards a system where incentives drive the price down rather than incentive driving prices up."
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