VT. Representative Welsh Pushes Medicare Prescription Drug Price Negotiation Act

welchWith efforts to avoid across-the-board cuts scheduled for March 1 at a standstill, Rep. Peter Welch is pushing a bill that could save nearly $160 billion while lowering prescription drug prices for seniors and strengthening the Medicare program.
Welch outlined his Medicare Prescription Drug Price Negotiation Act to seniors Friday at Bennington Project Independence. The bill would require the Secretary of Health and Human Services to negotiate prescription drug prices on behalf of Medicare Part D beneficiaries, a move that would significantly lower the cost of prescription drugs for seniors and save up to $156 billion over ten years.

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