Congress is about to act on drug price reform. Here's what you need to know
Americans pay way more than people in other countries do for prescription drugs. This drives voters crazy, and although lawmakers have been vowing to do something about it for decades, they haven't made much progress.
That could change as soon as this week. The Inflation Reduction Act – hashed out by Senate Majority Leader Chuck Schumer, D-N.Y., and Senator Joe Manchin, D-W.V. – includes several provisions around drug prices and health insurance. The Senate is planning to bring the bill to a vote Saturday, and it appears on track to get through Congress and be signed into law by President Biden.
This is all music to the ears of patients who've been burdened by high-priced drugs for years.
"The proposal to limit out-of-pocket expenses that's on the table right now would absolutely make a
