Murray, Klobuchar, Welch, Colleagues Introduce Legislation to Lower Prescription Drug Costs by Boosting Medicare Price Negotiation

Date: May 8, 2023
Location: Washington, D.C.

"Empowering Medicare to force big pharmaceutical companies to the table to negotiate lower prescription drug prices for America's 55 million seniors is a no-brainer--it saves seniors and our government money, and is lifechanging for people who rely on prescription medications every day. I'm proud Democrats gave Medicare the power it needed to negotiate drug prices for the first time ever in the Inflation Reduction Act, which will lower prescription drug costs for 2.5 million Washington seniors. Now, we've got to build on this progress and make more vital prescription medications more affordable, and even sooner--and that's exactly what the SMART Prices Act will do."


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