HOUSE DEMOCRATIC HEALTH COMMITTEE LEADERS INTRODUCE LOWERING DRUG COSTS FOR AMERICAN FAMILIES ACT

Press Release

Date: July 26, 2023

"The Inflation Reduction Act finally granted Medicare the power to negotiate lower prescription drug prices for seniors, however, the fight is not over. The Lowering Drug Costs for American Families Act will build on this progress by providing those same lower negotiated prices to all Americans who are covered by private health plans. It also protects consumers against unfair price hikes and increases the number of drugs Medicare can negotiate on each year, meaning lower prices on more drugs sooner. This bill is part of House Democrats' ongoing efforts to lower health care and prescription drug costs for hardworking American families."


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