March 10, 2020 / 11:14 PM / 3 months ago

White House says has sent 'principles' for drug pricing reform to Congress

WASHINGTON (Reuters) - U.S. President Donald Trump has sent “principles” for drug pricing reform to lawmakers, White House spokeswoman Stephanie Grisham said in a statement on Tuesday.

The White House has called for legislation that would:

- “Cap Medicare Part D beneficiary annual out-of-pocket pharmacy expenses

- “Provide an option to cap Medicare Part D beneficiary monthly out-of-pocket pharmacy expenses

- “Offer protection for seniors against the out-of-pocket cost cliff created by ObamaCare

- “Give insurance companies an incentive to negotiate better prices for costly drugs

- “Limit drugmakers’ price increases.”

Reporting by Makini Brice; Editing by Muralikumar Anantharaman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below