Latest Prescription drug costs News

Beyond Manchin: Dems' $2T bill faces Senate gauntlet

Nov. 24, 2021 01:25 AM EST

WASHINGTON (AP) — It took half a year but Democrats have driven President Joe Biden’s $2 trillion package of social and climate initiatives through the House. It gets no easier in the Senate, where painful Republican amendments, restrictive rules and Joe Manchin lurk. ...

Cap on drug price hikes for privately insured sparks battle

Nov. 21, 2021 08:07 AM EST

WASHINGTON (AP) — Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden's sweeping social agenda bill. It's meant to break the cycle of annual price increases for widely used medicines. ...

What's inside Biden's $2T social and climate measure

Nov. 19, 2021 15:23 PM EST

WASHINGTON (AP) — President Joe Biden's roughly $2 trillion plan to boost social and education programs as well as protect against global warming has passed the House, pushing it one step closer to law. The 2,135-page bill includes universal preschool, funding to limit...

Court largely upholds North Dakota law regulating PBMs

Nov. 19, 2021 14:19 PM EST

BISMARCK, N.D. (AP) — A federal appeals court has largely upheld a North Dakota law aimed at regulating companies that are hired to hold down prescription costs for insurers and employers. A three-judge panel of the 8th U.S. Circuit Court of Appeals ruled on Wednesday,...

House moves toward OK of Dems' sweeping social, climate bill

Nov. 18, 2021 23:48 PM EST

WASHINGTON (AP) — Democrats brushed aside months-long divisions and approached House passage of their expansive social and environment bill late Thursday, as President Joe Biden and his party neared a defining win in their drive to use their control of government to funnel its resources...

Sinema's shift: 'Prada socialist' to corporate donor magnet

Nov. 13, 2021 14:50 PM EST

WASHINGTON (AP) — Twenty years ago, a Green Party activist running for the Phoenix City Council named Kyrsten Sinema likened raising campaign cash to “bribery.” Now a first-term senator from Arizona, she no longer has such qualms. Once a...

Alzheimer's drug cited as Medicare premium jumps by $21.60

Nov. 12, 2021 21:43 PM EST

WASHINGTON (AP) — Medicare's “Part B” outpatient premium will jump by $21.60 a month in 2022, one of the largest increases ever. Officials said Friday a new Alzheimer's drug is responsible for about half of that. The increase guarantees that health care will gobble...

Editorial Roundup: New England

Nov. 12, 2021 17:16 PM EST

Portland Press Herald. November 8, 2021. Editorial: Federal prescription plan has been on Maine’s agenda for years The Build Back Better plan includes a price negotiation system for prescription drugs, and all of Maine’s congressional delegation...

Real Medicare drug savings in Dems' bill — but not overnight

Nov. 11, 2021 00:07 AM EST

WASHINGTON (AP) — Medicare enrollees who take expensive medicines could save thousands of dollars a year under the Democrats’ sweeping social agenda bill, but those dividends won't come overnight. Instead, they'll build gradually over the decade. Unveiled late last...

House Dems delay huge social bill, plan infrastructure vote

Nov. 05, 2021 15:33 PM EDT

WASHINGTON (AP) — Top Democrats abruptly postponed an expected House vote Friday on a 10-year, $1.85 trillion social and environment measure, as leaders' long struggle to balance demands from progressives and moderates once again dogged the pillar of President Joe Biden’s domestic agenda....