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E524 Sen. Bernie Sanders
This Past Weekend w/ Theo Von
Negotiation Paves the Way for Affordable Medications
The implementation of the Inflation Reduction Act represents a significant shift in the pharmaceutical pricing landscape. For the first time, drug companies will engage in price negotiations with Medicare, aiming to reduce costs for essential medications. This policy shift is expected to lead to lower prices on top-selling drugs, as demonstrated by recent successes in lowering asthma inhaler costs through corporate accountability. The Veterans Administration serves as a model, effectively negotiating drug prices without incurring exorbitant expenses. Overall, these changes mark a positive step toward making prescription medications more affordable for consumers.
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