WASHINGTON (AP) — Leading congressional liberals are unveiling a legislative package that aims to radically reduce what Americans pay for prescription drugs by linking prices to lower costs in other countries.
The legislation has little chance of becoming law under a divided government, even though President Donald Trump has embraced some of the ideas at one time or another. The administration has released its own plan to reduce drug costs.
Vermont Independent Sen. Bernie Sanders and Maryland Democratic Rep. Elijah Cummings plan to introduce three bills on Thursday. That’s according to the senator’s office.
One proposal would open up generic competition to patent-protected brand-name drugs that are deemed “excessively priced.” A second bill would allow Medicare to directly negotiate with drugmakers. The third bill would allow consumers to import lower-priced medications from Canada.