Biden said the legislation would cut the national deficit by $160 billion.
LAS VEGAS — President Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up forIn a speech on Wednesday in Las Vegas that could serve as a preview of the campaign ahead, Biden planned to put the issue ofThe White House thinks it has a winning message in showcasingthat is expected to save taxpayers billions of dollars and lower the cost of drugs for the roughly 84 million Americans who rely...
The federal government expects to see significant savings from those negotiations and to make money from a rule that requires drugmakers to send Medicare a check when they raise drug prices higher than inflation. Biden, however, has still championed last year’s bill as a success for the millions of Americans who aren’t on Medicare. Drug companies, facing public pressure after tripling their prices for the life-saving drug over the last two decades, have started to voluntarily lower the cost of insulin. Drugmaker Novo Nordisk announced Tuesday it was cutting the cost of insulin to about $72 a vial, on the heels of an announcement from rival Eli Lilly that it would start selling its generic for $25.
The Centers for Medicare and Medicaid Services won’t send a bill to drug companies until 2025, but the federal agency has already started tracking drug prices. The agency on Wednesday, a move that will limit the price that Medicare enrollees have to pay for them. The administration hopes that will motivate drugmakers to lower the cost of those medications.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden drawing contrast to Republicans on lower drug costsPresident Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up for an expected reelection announcement
Read more »
Biden drawing contrast to Republicans on lower drug costsPresident Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up for an expected reelection announcement
Read more »
Biden drawing contrast to Republicans on lower drug costsLAS VEGAS (AP) — President Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up for an expected reelection announcement .
Read more »
Biden drawing contrast to Republicans on lower drug costsPresident Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up for an expected reelection announcement.
Read more »
House Republicans meeting Monday evening to plot response to Biden’s handling of SVB collapseThe briefing will be led by House Financial Services Chair Patrick McHenry and members of his committee, multiple sources confirmed to Fox News Digital
Read more »
Republicans to View Hunter Biden’s Financial RecordsHouse Republicans will review government reports of suspicious financial transactions related to President Biden’s family members, resolving an early rift with the administration as Republicans mount an aggressive inquiry into the president’s son Hunter Biden.
Read more »