October 3, 2022

Democrats said the senator cut back on Democrats’ plan to curb drug prices, but left it largely unscathed on Saturday, as party leaders prepare to begin moving their sprawling economic bill across the House.

Chamber rules arbiter Elizabeth McDonough said provisions that will force drug companies to pay rebates if their prices rise above inflation rates for products they sell to private insurers should be repealed.

But drug companies have to pay those penalties if the prices of Medicare-purchased drugs rise too high.

Other parts of the legislation have survived, such as allowing Medicare to negotiate the costs of the drugs it buys, to cover out-of-pocket expenses for seniors and to provide free vaccines.

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