Democrat Lawmakers Introduce Bill on Drug Prices
A group of Senate Democrats have introduced the Improving Access to Affordable Prescription Drugs Act that is intended to ensure drug companies put patients before profits and bring some much-needed relief to families and seniors on high drug costs. The lawmakers acted in the wake of Congressional Republicans’ failed attempt to repeal and replace the Affordable Care Act. The bill, which the senators said they want to see included in upcoming legislative debates, seeks to tackle prescription drug costs by increasing transparency and accountability, boosting access and affordability of key drugs, spurring innovation, and increasing choice and competition. The legislation can be read here.
The bill was introduced by Sens. Al Franken (D-MN), Bernie Sanders (I-VT.), Sheldon Whitehouse (D-RI), Sherrod Brown (D-OH), Amy Klobuchar (D-MN), Elizabeth Warren (D-MA), Tammy Baldwin (D-WI), Jack Reed (D-RI), Kirsten Gillibrand (D-NY), Maggie Hassan (D-NH), Dick Durbin (D-IL), Chris Van Hollen (D-MD.), Jeff Merkley (OR), Tom Udall (D-NM), Richard Blumenthal (D-CT), and Cory Booker (D-NJ). A companion bill was introduced in the House by Reps. Jan Schakowsky (D-IL), Elijah Cummings (D-MD.), Rosa DeLauro (D-CT), and Peter Welch (D-VT).