Senate lawmaker approves most Dems drug price controls

WASHINGTON (AP) — The Senate congressman cut Democrats’ plan to cut drug prices but left it largely unscathed on Saturday, Democrats said, as party leaders prepared to start pushing through their sprawling economic bill in the chamber.

Elizabeth MacDonough, the chamber rules arbiter, said provisions that would force drugmakers to pay rebates if their prices exceed inflation for products they sell to private insurers must be scrapped.

But drug companies would have to pay those penalties if their prices for Medicare-purchased drugs rose too much.

Other parts of the legislation, such as letting Medicare negotiate the costs of the drugs it buys, capping out-of-pocket spending for seniors, and providing free vaccines, all survived.



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