SACRAMENTO — California on Thursday announced it will sue the companies that make and promote most of the nation's insulin, accusing them of scheming to illegally increase the price of the drug and demanding they return millions of dollars to some diabetics who state officials say were overcharged for the...
California Could Be 1st State to Sell Own Prescription Drugs
SACRAMENTO — California could become the first state with its own prescription drug label under a proposal that Gov. Gavin Newsom unveiled Thursday in a bid to lower prices by increasing competition in the generic market. Newsom wants the nation's most populous state, home to nearly 40 million people, to...
Nancy Pelosi Unveils Ambitious Plan to Lower Drug Prices
WASHINGTON — Putting her stamp on the health care issue that worries consumers the most, House Speaker Nancy Pelosi on Thursday unveiled an ambitious plan to lower drug prices for seniors on Medicare and younger people with private insurance. Pelosi, D-Calif., would empower Medicare to negotiate prices for up to...