Democrats just floated a new plan to take on Big Pharma and bring down the price of drugs (via axios)
confirms that she's working on an aggressive proposal that would give the government vast new authority.The proposal would give Medicare the authority to negotiate the prices of 250 drugs, limit how high these prices could be based on how much other countries pay, and establish harsh penalties for drugmakers who refuse to comply."The document is an out of date draft.
Require drug companies that have raised the price of drugs covered by Medicare by more than the inflation rate since 2016 to either lower the price or pay a rebate to the government.Whether the White House shows any interest in a plan this aggressive — which would be dead on arrival in a traditional GOP administration.
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