Key Points
- President Joe Biden said the federal Medicare program should negotiate prices for at least 50 prescription drugs each year, up from the current target of 20 medicines.
- That proposal is one of several new health-care policy plans Biden will outline during his State of the Union address Thursday.
- But the fate of his new proposals will be in the hands of a divided Congress, making it highly uncertain whether they will pass into law.
He wasn’t talking about percentages though.
Edit: I agree that more should be regulated, but you need to start with the critical ones first. It’s easier to negotiate from that standpoint and build up.
Yea, but instead of fifty drugs we should negotiate on all if them.
There is no reason other than corporate greed to not negotiate drug prices.
Well, if you start with the 50 most used/highest line items on the budget… a lot of savings can be had.