Biden Price Reduction? Why Seniors May End Up Paying More for Prescription Drugs

Biden Price Reduction? Why Seniors May End Up Paying More for Prescription Drugs

The intent of Biden’s Drug Price Reduction law is to allow Medicare to negotiate drug prices with Big Pharma. But Phil Kerpen, President of American Commitment, says because the new law is really about the government establishing price mandates and tax penalties. He says costs are likely to go up for Seniors and that fewer new drugs may be available.

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