Hillary Clinton to Unveil Plan to Beat Down Prescription Drug Prices

  22 September 2015    Read: 844
Hillary Clinton to Unveil Plan to Beat Down Prescription Drug Prices
US Democratic presidential nominee Hillary Clinton will roll out a plan on Tuesday on how to put soaring prescription drug prices under control, according to her Twitter post.
Hillary Clinton, a frontrunner in the US 2016 presidential race, has made drug price reduction a part of her electoral campaign, vowing to stop pharmaceutical firms from using federal grants to advertise and give the government the upper hand in negotiating fairer prices.

"Price gouging like this in the specialty drug market is outrageous. Tomorrow I`ll lay out a plan to take it on," Clinton said on Twitter commenting on a huge price increase on a drug called Daraprim.

According to the plan seen by CNN, the top Democratic contender wants to force drug companies benefiting from federal allocation to invest more into research and development.

She will also seek higher rebates to federal health programs like Medicare that will be allowed to bargain with big pharma as a single entity.

Clinton’s new plan will seek to amend US President Barack Obama’s flagship healthcare reform, dubbed Obamacare, which Clinton said she generally supported.

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