Biden to Call on Congress to Allow Medicare to Increase its Ability to Negotiate Drug Prices and Expand Caps on Prescription Drug Costs

Biden to Call on Congress to Allow Medicare to Increase its Ability to Negotiate Drug Prices and Expand Caps on Prescription Drug Costs

Roll Call

White House Domestic Policy Advisor Neera Tanden said the president’s work on health care is a signature issue for us. Biden will specifically request Congress to allow Medicare to negotiate at least 50 drugs annually, up from the up to 20 allowed per year under current law. The president will point to the $2,000 out-of-pocket cap that will apply to Medicare Part D beneficiaries in 2025 as a model cap for private insurers.

#HEALTH #English #BD
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