Sens. Schumer and Manchin are close to a deal on a prescription drug savings, with new details obtained by NBC News. They're also negotiating energy and tax provisions in the bill.
Democrats plan to submit a"finalized agreement" on allowing Medicare to negotiate prices with pharmaceutical companies to a key Senate official"in the coming days" to see whether it complies with the chamber's strict budget rules, one of the sources said.
In addition, the deal would add new incentives for drugmakers and insurers to limit drug price hikes, provide free vaccines for seniors, enhance premium and copay assistance for lower-income people and ensure the Department of Health and Human Services always negotiates for the maximum number of eligible drugs. And it would require negotiations to lower prices"if a drug company continues to block generic competition," the summary said.
agenda. Senate Minority Leader Mitch McConnell, R-Ky., has repeatedly blasted the Democrats-only reconciliation effort as a"tax and spending spree" and said he hopes the party doesn't revive it.
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