Medicare Is Finally Able to Negotiate Drug Prices
FEATURING MERITH BASEY - The cost of prescription drugs have long been out of control in the United States, with the federal government being barred from using its buying power to negotiate down sticker prices. Now, thanks to a provision in the Inflation Reduction Act, the Centers for Medicare & Medicaid Services can begin negotiating lower drug prices. But pharmaceutical companies are already fighting back, with numerous lawsuits, placements of op-eds, and support from conservative lawmakers.
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