Senate Majority Leader Chuck Schumer (D-N.Y.) opens debate Sunday on historic legislation that would let Medicare negotiate prices on a small number of high-cost single-source drugs. The House is expected to pass the bill this Friday.

Senate Passes Historic Bill that Would Let Medicare Negotiate Some Drugs’ Prices

The U.S. Senate on Sunday passed historic legislation to let Medicare to negotiate the prices of a small number of costly medicines and require drug manufacturers to pay Medicare rebates when prices paid by Medicare rise faster than inflation.

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