House Passes Bill to Lower Prescription Drug Costs
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Published 4 years ago on
December 13, 2019
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CBS News
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Sharpening their 2020 election message, House Democrats on Thursday pushed through legislation that would empower Medicare to negotiate prescription drug prices and offer new benefits for seniors. The vote comes as the House Judiciary Committee considers articles of impeachment against the president.
The vote along party lines was 230 to 192. Two Republicans supported the bill.
Speaker Nancy Pelosi’s bill would cap Medicare recipients’ out-of-pocket costs for medicines at $2,000 a year. It would use about $360 billion of its projected 10-year savings from lower drug costs to establish Medicare coverage for dental care, hearing, and vision, filling major gaps for seniors.
The vote along party lines was 230 to 192. Two Republicans supported the bill.
Speaker Nancy Pelosi’s bill would cap Medicare recipients’ out-of-pocket costs for medicines at $2,000 a year. It would use about $360 billion of its projected 10-year savings from lower drug costs to establish Medicare coverage for dental care, hearing, and vision, filling major gaps for seniors.
12 Dec 2019
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