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Senate Dems introduce bill to block "excessive" increases in drug prices

  • Four democratic senators, Richard Blumenthal (D-CT), Kamala Harris (D-CA), Amy Klobuchar (D-MN) and Jeff Merkley (D-OR), have introduced a bill aimed at blocking drug price hikes. Specifically, it will allow the Department of Health and Human Services to prohibit price increases that it considers excessive, although there are no details provided regarding the criteria for such decisions.
  • House Speaker Nancy Pelosi has pledged an agenda for next year to combat high drug prices.
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