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Kamala Harris Plans To Force Drugmakers To Lower Prices - FreeTraffic
Kamala Harris released a The proposal’s most ambitious feature empowers the Department of Health and Human Services to set a price for prescription drugs whose prices grow faster than inflation or that are sold for less in another country that belongs to the wealthy Organization for Economic Cooperation and Development. (The average American spends hundreds of dollars more per year on prescription drugs than her counterpart in the The price would be no higher than the average price of the drug in other OECD countries. If a pharmaceutical company chooses to nonetheless set the price at a higher rate, the federal government would tax 100% of every dollar made above the government-authorized rate and return the money to consumers.*****************************************************Recommended For …