Drug Pricing Legislation Still in the Mix

Drug Pricing Legislation Still in the Mix

As we have recently reported, there is still hope that Congress will be able to pass legislation that will have in it a provision to lower the costs of prescription drugs. However, it is the Democratic majority in the Senate that will determine whether that happens.

No Republicans are expected to support such legislation and coming up with a bill that Democratic Senators Joe Manchin and Kyrsten Sinema can support is still the major hurdle.

Last week the Democratic leaders of Congress would give no estimate of when they hope to pass a new version of “Build Back Better,” but they insist they will pass something yet this year.

However, the new priorities that have come before the Senate must be acted upon soon which likely will push drug price legislation further back than they originally anticipated.