Politico August 9, 2024
Both the White House and the Harris campaign have envisioned the savings promised by the negotiations as playing a significant role in the run-up to November’s election.
The White House is expected to describe the results Thursday of its first Medicare negotiations for the price of 10 prescription drugs, according to three people with knowledge of the planning.
The announcement would come one day before the second anniversary of the Inflation Reduction Act, the law giving the federal health insurer for older Americans the authority to haggle with drugmakers over the price of their products. Completion of the first negotiations would represent a milestone for the White House, which has made negotiating lower drug prices a centerpiece of its domestic...
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