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Drug Pricing Bill: Senate Sponsors ‘Not Backing Down’ From Inflation Rebates

 
• By Cathy Kelly

Price inflation rebates are the linchpin of the legislation’s Democratic support, Sen. Chuck Grassley, R-IA, argues. But to many Republicans, they sound too much like price controls.

Sen. Chuck Grassley, R-IA, remains committed to including the provision in his prescription drug pricing bill that would require manufacturers to provide rebates to Medicare if prices increase faster than inflation, he said during a meeting with reporters on 6 November.

The provision is “central to maintaining a bipartisan agreement” on the bill, so “I’m not backing off and Sen. Wyden...

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