What the Stalemate on Capitol Hill Means for Your Drug Prices

As President Joe Biden’s government overhaul stalls in Congress, tensions are mounting over what changes ― if any ― could come for Americans at the pharmacy counter. The proposals in flux range from tinkering with tax credits to far-reaching changes in federal payments systems. Pressure is building to contain costs that have skyrocketed over the past decade. In a recent Gallup poll, an estimated 18 million Americans said that within the previous three months they had been unable to pay for at least one doctor-prescribed medication. The Biden administration has called for a plan that would allow Medicare to negotiate drug prices, cap out-of-pocket drug costs f...

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