A Presidential Punt On Drug Pricing

White House confirms that it will not be pushing major drug pricing provisions to help pay for its next multi-trillion dollar legislative proposal. That sounds like good news for industry – but don’t pop the champagne just yet.

Biden address to Congress 28 April 2021.  Photo by Doug Mills - Pool/Getty Images
support government President Biden told Congress he supports price negotiation in Medicare, that the savings could be used to support health care expansion, but he did not propose a plan for doing it. • Source: Doug Mills - Pool/Getty Images

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