Wyden Seeks to Include Medicare Price Negotiation in Healthcare Legislation

Senate Finance Committee Chair Ron Wyden was adamant in his support for legislation that would allow Medicare to negotiate drug prices. He also stated his support for a system that would set drug prices independently of global benchmarks.

“When asked whether drug pricing can be used as a pay-for like Senate Budget Chair Bernie Sanders (I-VT) has suggested, Wyden said it’s his job to look at all the pay-fors in the budget resolution, but noted that he is for Medicare benefits expansion. Expanding Medicare to include dental, hearing and vision is expected to come with a price tag of over $299 billion.” Read more here.

(Source: Maya Goldman, Inside Health Policy, 7/14/21)