Sweeping Plan to Lower Drug Prices Introduced in Senate and House
Sen. Bernie Sanders (I-Vt.) and Reps. Elijah Cummings (D-Md.) and Ro Khanna (D-Calif.) along with more than two dozen of their colleagues in the House and Senate introduced sweeping reforms Thursday that would dramatically reduce prescription drug prices in the United States.
The plan to reduce the skyrocketing cost of prescription drugs includes three bills:
- The Prescription Drug Price Relief Act, which would peg the price of prescription drugs in the United States to the median price in five major countries: Canada, the United Kingdom, France, Germany and Japan;
- The Medicare Drug Price Negotiation Act, which would direct the Secretary of Health and Human Services (HHS) to negotiate lower prices for prescription drugs under Medicare Part D;
- The Affordable and Safe Prescription Drug Importation Act, which would allow patients, pharmacists and wholesalers to import safe, affordable medicine from Canada and other major countries.
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