#Politics From #NYTimes: #Biden administration announces first ten drugs selected for #Medicare price reduction.
I'm on Xarelto, which made the list. It's $400 every three months. 😊
A reminder that congressional Republicans voted against lowering drug prices for seniors. 🤬
https://www.nytimes.com/2023/08/29/us/politics/medicare-drug-pricing-negotiations.html
"The negotiation program is projected to save the government an estimated $98.5 billion over a decade. It is also expected to eventually reduce insurance premiums and out-of-pocket costs for many older Americans, though the magnitude of those savings remains to be seen."
"Republicans in Congress opposed authorizing Medicare to negotiate prices, criticizing the move as tantamount to imposing government price controls. Beyond Mr. Biden, other Democrats up for re-election next year have also sought to highlight the program as a major achievement."