Saturday, August 06, 2022

 

Dems lose key piece of health agenda in spending bill

Parliamentarian nixes Democrats’ plan to lower drug prices for Americans with private insurance.



Democrats’ plan to control drug prices for 180 million Americans with private health insurance has suffered yet another setback.
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The exclusion of the private insurance price limits means there is little left that will reduce costs for the vast majority of Americans who receive health insurance through their private sector employer.

The decision also means tens of billions less in federal savings in the bill overall, a potential threat to Democrats’ hopes of offsetting the cost for shoring up Obamacare’s subsidies.