Sunday, November 29, 2020

What President-Elect Biden wants to do regarding Prescription Drugs


His five-pronged plan to help control prices includes the following changes:

  • Allowing Medicare to negotiate lower drug prices with pharmaceutical companies,

  • Allowing an independent review board to assess the value of specialized biotech drugs,

  • Limiting price increase for all brand, biotech and abusively priced generic drugs to inflation,

  • Allowing Americans to buy prescription drugs from other countries,

  • Improving the availability of safe generic drugs. quoted from:

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