H.R. 3 Amendments Not Enough: Public Citizen

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Public Citizen says that amendments announced 10/16 to H.R. 3, the Lower Drug Costs Now Act, contain several “modest improvements,” but more still needs to be done. In a statement, Public Citizen says the amendments include allowing the government to negotiate prices for some newly launched drugs, eventually increasing the number of drugs required to be negotiated from 25 to 35 annually; establishing transparency requirements; and improving access to Medicare low income subsidies.

“The bill should be strengthened further to cover more Americans and more expensive prescriptions while dealing still more effectively with launch prices, which otherwise will continue to increase, according to independent estimates by the Congressional Budget Office and the Centers for Medicare and Medicaid Services,” the statement says. “The bill should be amended to directly curb year-to-year price spikes in the private market and protect people who are uninsured. It also should consider increasing the public contribution to drug development and innovation.”

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