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$10 Billion Research Boost for Long COVID Treatment and Drug Price Control.

This act allocates $10 billion over ten years to dramatically accelerate research into Long COVID and related chronic conditions, aiming to quickly identify new prevention and treatment methods. A major consequence for citizens is the establishment of price controls, ensuring that any resulting drugs or devices are affordable for the public and priced fairly compared to major international markets.
Key points
Establishes a $1 billion annual research program at NIH dedicated to finding the causes, treatments, and prevention methods for Long COVID in adults and children.
Implements price caps on new drugs and devices developed using federal funds, ensuring they are reasonably priced and do not exceed the lowest price charged in six major developed countries.
Funds specialized, multidisciplinary clinics, provider education programs, and public information campaigns to improve access to coordinated care.
Strengthens public health surveillance (CDC) of Long COVID and similar chronic conditions to better understand the disease burden and severity.
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Additional Information
Print number: 118_S_4964
Sponsor: Sen. Sanders, Bernard [I-VT]
Process start date: 2024-08-01