A bill that passed the House late last year would dramatically transform how the U.S. pays for prescription drugs
These members obviously saw a political upside in supporting the bill, even at the risk of incurring the wrath of drugmakers. If the industry isn’t nervous about that, it should be.H.R. 3, the “Elijah E. Cummings Lower Drug Costs Now Act,” is named for the Baltimore congressman who died last year and who had long championed efforts to help people pay for their medications. It has three main components.
H.R. 3’s second component would limit the ability of drug companies to raise prices year after year, by tying price increases to inflation. These limits would apply both to drugs in Part D and Part B . The bill also calls for studying ways of applying these limits to drugs available to other buyers.
Each year, following a short phase-in period, the secretary of Health and Human Services would pick at least 50 drugs that would be subject to negotiated prices. The 50 would come from a larger list of 250 single-source drugs on which the U.S. spends the most annually, taking into account both what government programs and private insurers buy.
H.R. 3’s solution is slap drugmakers with a tax that would quickly rise to 95% of sales revenue any time manufacturers block a product from negotiation.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
We Need To Pay Better Attention To Loved Ones' Mental HealthDemi Lovato's latest words are a reminder that just telling a loved one to reach out for help isn't enough.
Les mer »
Is Amy Klobuchar’s Health Care Plan Really Just a Post-It Note?Was Elizabeth Warren right when she said Amy Klobuchar’s health-care plan is paltry?
Les mer »
Why Wyoming may be the ideal place for retirement - Business InsiderAttention, retirees: Wyoming has no income tax, well-funded health and social programs for older people, and plenty of nature at your back door.
Les mer »
Buttigieg hits Sanders by name over health care in new South Carolina TV adPete Buttigieg will begin airing a new television ad in South Carolina on Friday night that attacks Sen. Bernie Sanders by name over his 'Medicare for All' health care plan.
Les mer »