President Expected to Address Drug Prices in State of the Union Message

President Expected to Address Drug Prices in State of the Union Message

In his State of the Union address tonight, President Trump is expected to announce an initiative to make insulin more affordable and to challenge Congress to pass legislation to reduce drug prices overall, multiple news sources report. Any such proposals would likely be fleshed out in the administration’s proposed budget for fiscal 2021. The White House is expected to release its budget next Monday, Feb. 10.

The Washington Post’s Health 202 blog reported this morning that, in tweets last night, Sen. Finance Ranking Member Ron Wyden (D-Ore.) noted that his and Sen. Finance Chairman Chuck Grassley’s (R-Iowa) bipartisan drug pricing bill would help control the cost of insulin. Wyden challenged Senate Majority Leader Mitch McConnell (R-Ky.) “to bring our bill to the floor for a vote so Congress can deliver relief to Americans.” Health and Human Services Secretary Alex Azar recently touted the Grassley-Wyden bill in a radio interview.

President Expected to Address Drug Prices in State of the Union Message In his State of the Union address tonight, President Trump is expected to announce an initiative to make insulin more affordable and to challenge Congress to pass legislation...

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