Pelosi brokers deal with liberals on drug pricing bill
Source: Politico
House Democratic leadership on Tuesday clinched a deal to win progressive leaders’ support for a sweeping drug pricing bill that could clear its path for passage in the full House on Thursday, multiple lawmakers and aides told POLITICO.
The expected pact between Speaker Nancy Pelosi and progressive leaders includes an agreement to expand the government’s authority to directly negotiate drug prices under the legislation, ultimately requiring federal officials to hammer out the cost of at least 50 medicines a year, from the original 35.
“We’re likely to see the minimum number lifted, probably to 50,” said Michigan Rep. Dan Kildee, a member of Pelosi’s whip team. “My impression is that progressives will be good on this.”
Top Democrats are also restoring a progressive provision previously cut from the bill that would mandate the federal government eventually issue regulations restricting drugmakers’ ability to raise prices above the rate of inflation in workplace health plans, the largest source of coverage in the country.
Read more: https://www.politico.com/news/2019/12/10/pelosi-brokers-tentative-deal-with-liberals-on-drug-pricing-bill-081709
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