Biden vs. Big Pharma: Medicare to Begin Price Negotiations on Costly Drugs & Insulin

Posted on AllSides August 30th, 2023
From The Left

The Biden administration has taken a major step to rein in price gouging for prescription drugs in the United States. Medicare will now be able to negotiate prices on 10 of the most expensive drugs used to treat diabetes, cancer, heart disease and more. That list is set to expand over the years. In what’s seen as a blow to Big Pharma, the White House says the move, a part of the Inflation Reduction Act, will benefit more than 9 million people in the U.S. and lead to $100 billion...

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