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The Republican and Democratic leaders of the Senate Finance Committee this week unveiled a sweeping proposal that seeks to lower prescription drug prices for the Medicare and Medicaid programs. The bill promptly drew opposition from the powerful pharmaceutical industry. But both parties seem set on trying to pass a drug price bill in advance of the 2020 elections.
Meanwhile, the bipartisan leaders of the other Senate committee that oversees prescription drugs announced that their bill would not come to the Senate floor before the chamber’s summer recess, meaning the earliest the full Senate would take up any drug pricing issues is this fall.
This week’s panelists are Julie Rovner from Kaiser Health