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Senate Democrats introduce bill to allow government to block drug price rises
Source: Reuters
POLITICS DECEMBER 13, 2018 / 12:19 PM / UPDATED 21 MINUTES AGO
Senate Democrats introduce bill to allow government to block drug price rises
WASHINGTON (Reuters) - Four Democratic U.S. senators introduced a bill on Thursday that would allow the government to block drug price increases that it decides are unjustified.
The bill sponsored by Senators Richard Blumenthal, Kamala Harris, Amy Klobuchar and Jeff Merkley, all Democrats, would allow the Department of Health and Human Services to prohibit drug price increases that it deems excessive.
Both Republicans and Democrats have put the issue of fast-rising drug prices - some for drugs like insulin that have been on the market for decades - on their agenda.
-snip-
Senate Democrats introduce bill to allow government to block drug price rises
WASHINGTON (Reuters) - Four Democratic U.S. senators introduced a bill on Thursday that would allow the government to block drug price increases that it decides are unjustified.
The bill sponsored by Senators Richard Blumenthal, Kamala Harris, Amy Klobuchar and Jeff Merkley, all Democrats, would allow the Department of Health and Human Services to prohibit drug price increases that it deems excessive.
Both Republicans and Democrats have put the issue of fast-rising drug prices - some for drugs like insulin that have been on the market for decades - on their agenda.
-snip-
Read more: https://www.reuters.com/article/us-usa-drugs/senate-democrats-introduce-bill-to-allow-government-to-block-drug-price-rises-idUSKBN1OC2DT