A Major Overhaul of Prescription Drug Prices
A negotiation program is projected to save the government tens of billions of dollars in the coming years.
A negotiation program is projected to save the government tens of billions of dollars in the coming years.
President Biden’s Inflation Reduction Act allows Medicare to negotiate some drug prices, a change that the pharmaceutical industry and Republicans have opposed for decades.
The overdose-reversal drug should be more widely available, health experts have said. It arrives in many stores next week, no prescription necessary.
A group of politically vulnerable G.O.P. women has backed legislation that purports to expand birth control access but would have little effect. Critics say the bill is meant to distract from their anti-abortion stances.
After his administration announced the first set of medications selected for Medicare price negotiations, President Biden vowed to continue standing up to the pharmaceutical industry over the cost of drugs.
The price negotiation program, established by Democrats as part of the Inflation Reduction Act, is expected to save the government tens of billions of dollars in the coming years.
Novo Nordisk, the Danish company behind two popular obesity medications, is reaping huge profits and is now responsible for most of the country’s economic growth.
Prescriptions for a new class of medications used for diabetes and weight loss are concentrated in the city’s wealthier, whiter and healthier neighborhoods.
The shot is covered by Medicare Part D, but some with private prescription drug coverage are being asked to pay out of pocket.
Mallinckrodt Pharmaceuticals had promised $1.7 billion to governments, individuals and others harmed by the opioid crisis.