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Medicare Drug Price Negotiation: Lower Prescription Costs for Seniors.

This bill aims to allow the government to negotiate prescription drug prices under the Medicare program. This change could lead to lower medication costs for seniors, positively impacting their personal finances and access to necessary treatments.
Key points
The government gains authority to negotiate drug prices for Medicare beneficiaries.
Potential reduction in prescription drug costs for millions of Americans.
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Additional Information
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
Print number: S 833
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2021-03-18