We can help all Americans spend less on prescription drugs by expanding the drug price negotiation program created by the historic Inflation Reduction Act, and allowing Medicare to negotiate the price of all drugs.
Lower prescription drug costs by expanding Medicare drug price negotiation to all drugs.
Occurrences
Bring Down Prescription Drug Costs
Evidence
"We can help all Americans spend less on prescription drugs by expanding the drug price negotiation program created by the historic Inflation Reduction Act, and allowing Medicare to negotiate the price of all drugs."
CMS states that, for the first cycle, it selected "ten drugs covered under Medicare Part D" for negotiation and that the law provides Medicare the ability to directly negotiate prices of certain high-expenditure, single-source drugs without generic or biosimilar competition.
Schiff says he helped pass the Inflation Reduction Act, "historic legislation which lowered the cost of certain prescription drugs to $35 a month for seniors on Medicare."
Assessments
The promised outcome was to expand Medicare drug price negotiation to all drugs. Schiff can claim partial related progress from helping pass the Inflation Reduction Act, which created Medicare negotiation and other drug-cost reductions, but the program remains limited to selected high-expenditure drugs and is still being implemented in cycles rather than covering all drugs. Because the specific promised expansion to all drugs has not been enacted, but the record shows a serious policy position and related legislative contribution, this is not delivered and merits an effort badge.